UK lifts ban on crypto-linked notes for retail investors after 5 years – DL News
- The UK will allow retail crypto note trading again starting in October.
- ETNs offer crypto exposure without direct asset ownership.
- Lawmakers say the market has matured since its ban.
Crypto-linked investment products are making a comeback in the UK, as regulators move to restore retail investors’ access to markets once deemed too risky.
The Financial Conduct Authority announced Friday that retail traders will once again be allowed to buy exchange-traded notes tied to cryptocurrencies like Bitcoin and Ethereum, ending a five-year ban imposed in 2021.
The change takes effect on October 8 and will apply only to ETNs listed on regulated UK exchanges.
Unlike ETFs, which are backed by physical holdings, ETNs are debt instruments issued by…
