UK proposes lifting ban on ‘crypto’ ETNs for retail investors
The Financial Conduct Authority (FCA), the United Kingdom’s top finance sector regulator, is proposing to lift a ban on crypto exchange-traded notes (cETNs) for retail investors in a move to bring the country more in line with international peers.
As things stand, only professional investors are permitted to access these digital asset investment products in the U.K. But in its latest consultation, the regulator proposed allowing individual consumers to access cETNs, provided they…
