UK FCA Proposes Lifting Ban on Retail Crypto ETN Investment

The UK’s Financial Conduct Authority (FCA) recently proposed to lift a pre-existing ban on ETNs based on crypto. This would allow retail investors to trade in these products, which are exclusive to institutional clients. Still, this is only a proposal, and it will require around a month of consultation before it can be approved. FCA to Soften Crypto ETN Stance The British government has been promising new crypto regulations for months now, and one of its chief regulators has been doing the same source: https://beincrypto.com/uk-fca-crypto-etn-retail-ban-lift/