Friday, 6 June, 2025

UK FCA Proposes Lifting Ban on Retail Crypto ETNs to Boost Market Competitiveness

The UK's Financial Conduct Authority (FCA) has proposed lifting its ban on retail investors purchasing crypto exchange-traded notes (ETNs), aiming to enhance market growth and competitiveness. Previously restricted to professional investors due to risk concerns, ETNs would now be accessible to retail consumers if listed on FCA-approved exchanges and compliant with financial promotion rules. This move aligns with the UK's broader strategy to regulate digital assets and foster innovation.