The U.K. cryptocurrency industry is praising an update to the country’s digital asset regulations.
As the Financial Times (FT) reported Thursday (Aug. 7), this follows a decision last week by the Financial Conduct Authority (FCA) to end its ban on offering crypto exchange traded products to retail investors.
The industry has likened it to the so-called “Big Bang” regulatory rollbacks that happened in 1986, the report added.
“This is extremely significant and in some ways it could be seen as the first step in a seismic shift in UK financial markets in terms of the acceptance and adoption of digital assets more generally,” said Russell Barlow, CEO of 21Shares, which issues cryptocurrency exchange traded products.
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Aug 07 2025
