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FCA keeps watch on trading apps over gamification concerns

21 June 2024
in Business
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FCA keeps watch on trading apps over gamification concerns
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The Financial Conduct Authority (FCA) is closely monitoring trading apps due to concerns over gamification tactics used to engage users. The FCA is worried that these apps are encouraging risky trading behaviors through features like virtual rewards and competitions. Regulators are aiming to ensure that users are adequately protected from potential harm caused by excessive gamification in trading apps.

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Tags: AppsConcernsFCAGamificationtradingWatch
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