The United States’ Commodity Futures Trading Commission (CFTC) has restricted the acceptance, storage and use of cryptocurrency assets by Futures Commission Merchants (FCMs). The agency explained the necessity for the new rules with the risks involved with holding onto such assets – they are vulnera...

True, but that's probably what a regulator can do. They could mandate that people get mandatory lessons before getting a live account, as well as passing an exam, but I don't see that going well.

Hahahaha, that's a good one!

Me too. I think most traders prefer bigger screens.

It closed at 1.1860, hopefully next week the move north will continue.

Thank you for the heads up!

You're welcome.
Yeah, I imagine they would be. It didn't go all that well in the EU when it got introduced.

asic-1-30-forex-leverage-limits-march-2021.jpg The Australian financial regulator, the Australian Securities and Investments Commission (ASIC), announced a set of new regulatory rules that apppear to have been heavily modelled after the regulation introduced by ESMA in the European Union last year....

Wow. I don't even know what to say to that. That response from them alone is enough to convince me that one shouldn't touch them with a ten-foot pole.

Consolidation continues today too, there likely won't be a breakout this week.