• Despite the UK’s Financial Conduct Authority (FCA) recently lifting a long-standing ban on retail access to regulated crypto products, Hargreaves Lansdown remains skeptical
• The company is not ruling out offering limited crypto access
• UK’s tax office has stated that regulated crypto investment products can be held in tax-free savings accounts and pensions, following certain rules

Hargreaves Lansdown, the UK’s largest retail investment platform, publicly issued a strong warning to investors stating that Bitcoin (and many cryptocurrencies) lack intrinsic value and should not be considered a proper asset class.

Despite the UK’s Financial Conduct Authority (FCA) recently lifting a long-standing ban on retail access to regulated crypto products, Hargreaves Lansdown remains skeptical. It argues that crypto doesn’t meet the usual criteria for growth or income inves…

Read The Full Article UK Broker Giant Warns Investors: Bitcoin Has ‘No Intrinsic Value’ for Financial Goals On Coin Edition.

• Despite the UK’s Financial Conduct Authority (FCA) recently lifting a long-standing ban on retail access to regulated crypto products, Hargreaves Lansdown remains skeptical
• The company is not ruling out offering limited crypto access
• UK’s tax office has stated that regulated crypto investment products can be held in tax-free savings accounts and pensions, following certain rules

Hargreaves Lansdown, the UK’s largest retail investment platform, publicly issued a strong warning to investors stating that Bitcoin (and many cryptocurrencies) lack intrinsic value and should not be considered a proper asset class.

Despite the UK’s Financial Conduct Authority (FCA) recently lifting a long-standing ban on retail access to regulated crypto products, Hargreaves Lansdown remains skeptical. It argues that crypto doesn’t meet the usual criteria for growth or income inves…

Read The Full Article UK Broker Giant Warns Investors: Bitcoin Has ‘No Intrinsic Value’ for Financial Goals On Coin Edition.