Why the FCA’s crypto ETP overhaul won’t unlock UK crypto
Europe has already pulled ahead of the UK as it opens up more crypto products to retail investors
The Financial Conduct Authority’s plan to lift a ban on retail investors buying crypto ETPs won’t give Britain an edge in the fast-growing digital assets sector, some experts have warned.
The FCA announced on 6 June that it was considering lifting restrictions on crypto ETNs — a category of ETP — amid efforts to establish a crypto framework and to “support UK growth and competitiveness”.
