Crypto Borrowing Ban: UK Cracks Down on Risky Investments!

In the UK, the Financial Conduct Authority (FCA) is clamping down on risky crypto investments. They're halting loans for crypto buys, a move targeting unsustainable debt from volatile investments. While the FCA claims openness to crypto growth, they're pushing for safety and transparency. Credit card purchases for crypto might soon be passé, as only disposable income is favored. The FCA aims for a safer, competitive crypto environment by introducing stricter rules. Critics might say they're being tough, but safety first, right?