hendore on Nostr: 🚩New UK rules from the FCA are going to make it next to impossible for anyone to ...
🚩New UK rules from the FCA are going to make it next to impossible for anyone to accumulate a substantial amount of #bitcoin
Most of us will fall into the “restricted investor” category limiting us to no more than 10% of our assets (excluding home if primary residence and pension) being invested.
I was honest, stated I’ve invested ~20% net assets in the last 12 months but I agreed to invest no more than 10% in the next 12 months yet still failed the assessment 🤷🏻♂️ according to their handbook I now have one more shot at this before being locked out for 24 hours before being able to try again with slightly bent answers 🫠
You would need to have £340,000 in savings/stocks right now and not invested anything in the last 12 months to be able to buy 1BTC today.
Most of us will fall into the “restricted investor” category limiting us to no more than 10% of our assets (excluding home if primary residence and pension) being invested.
I was honest, stated I’ve invested ~20% net assets in the last 12 months but I agreed to invest no more than 10% in the next 12 months yet still failed the assessment 🤷🏻♂️ according to their handbook I now have one more shot at this before being locked out for 24 hours before being able to try again with slightly bent answers 🫠
You would need to have £340,000 in savings/stocks right now and not invested anything in the last 12 months to be able to buy 1BTC today.