🚨 BREAKING: 🇬🇧 The UK regulator, the FCA, will lift the ban on cryptocurrency exchange-traded notes (ETNs) for retail investors.
After years of restrictions, the Financial Conduct Authority (FCA) has decided to once again allow British retailers access to crypto-backed financial products, such as Bitcoin and Ethereum-based ETNs.
🔍 This change represents a huge step toward institutional and retail adoption in the UK, strengthening the legitimacy of the crypto sector globally.
📈 ETNs allow investors to gain exposure to the price of cryptocurrencies without having to purchase them directly, which could attract a new flow of capital into the ecosystem.