🇬🇧 UK to Lift Ban on Crypto ETNs for Retail Investors 💼
📅 June 6, 2025
In a significant move for the cryptocurrency market, the UK’s Financial Conduct Authority (FCA) has announced plans to lift its ban on crypto exchange-traded notes (ETNs) for retail investors. This decision marks a shift in the UK’s approach to digital assets, aiming to support growth and competitiveness in the sector.
Previously, crypto ETNs were restricted to professional investors due to concerns about high risks. The FCA now believes that the market has matured, allowing retail investors to make informed decisions about these high-risk investments.
David Geale, the FCA’s executive director of payments and digital assets, stated, “We want to rebalance our approach to risk and lifting the ban would allow people to make the choice on whether such a high-risk investment is right for them given they could lose all their money.”
The proposal is currently under consultation, with the FCA emphasizing that while the ban on crypto derivatives for retail investors remains, this move could enhance the UK’s position in the global crypto market.
💬 What are your thoughts on the UK’s decision to lift the ban on crypto ETNs for retail investors?
Do you believe this will lead to increased adoption and growth in the crypto market?
👇 Share your insights in the comments!