#TrumpTariffs UK Financial Regulator Opens Access to Cryptocurrency Exchange-Traded Notes (ETNs) for Retail Investors
According to PANews, the UK Financial Conduct Authority (FCA) has announced plans to open investment channels for retail investors allowing them to access cryptocurrency exchange-traded notes (ETNs). This move will enable firms to offer these types of products to retail investors, provided that these notes are traded on UK investment exchanges approved by the FCA.
However, the FCA stressed that the ban on retail investors' access to derivatives related to crypto assets will remain in place. It also confirmed that it will continue to monitor market developments and evaluate its approach to high-risk investments. This change is scheduled to take effect soon.
