U.K. FCA considers reversing ban on crypto ETNs for retail investors, signalling broader market access
7th June 2025 – (London) The Financial Conduct Authority (FCA) in the United Kingdom is contemplating the removal of restrictions on cryptocurrency exchange-traded notes (ETNs) for retail investors, marking a potential shift towards expanded access to the crypto market.
In an update on 6th June, the FCA expressed intentions to allow individual consumers access to crypto ETNs, contingent on their listing on an FCA-acknowledged investment exchange.
David Geale, the FCA’s executive director of payments and digital assets, highlighted the significance of this proposed amendment, stating, “We seek to recalibrate our risk strategy, enabling individuals to decide whether engaging in such a…
