The United Kingdom’s Financial Conduct Authority (FCA) has published its quarterly consultation paper, which includes a proposal to allow authorized investment funds to hold up to 10% of their scheme property in crypto-exchange traded notes (cETNs).

Once a quarter, the FCA consults on proposed miscellaneous amendments to its Handbook. The proposed changes to cETNs rules form part of the regulator’s latest quarterly consultation paper, published June 6, on which market participants and…