FCA’s Crypto Landscape: Opportunities for Fintech Startups and Crypto-Friendly Businesses
So the UK’s Financial Conduct Authority (FCA) is keeping its eye on crypto. They’ve got this ban on retail crypto derivatives, which has been in place since 2021. But they’re also planning to introduce regulated crypto exchange-traded notes (cETNs) in 2025. This is their way of protecting consumers from risky investments while still wanting to see innovation in fintech.
Let’s break down what this all means for crypto-friendly businesses and investors.
Current Status of Crypto Derivatives for Retail Investors
The FCA has put a ban on retail trading of crypto derivatives, including futures and options, since January 2021. This is to keep consumers safe from speculative risks. Retail clients can’t trade derivatives of assets linked…
