❤️❤️💪FCA May Lift UK Ban on Retail Crypto ETNs❤️❤️
❤️❤️ CRYPTO ADOPTION APPROACHES...❤️❤️
The UK’s Financial Conduct Authority (FCA) is considering a major policy change that could open up new opportunities for everyday investors. In a recent announcement, the FCA proposed lifting the current ban on crypto exchange-traded notes (cETNs) for retail investors, provided these products are listed on FCA-recognized exchanges.
The ban, which has been in place since 2021, was originally introduced to protect inexperienced investors from the volatility and risks associated with crypto-related products. So far, only professional investors had access to cETNs, limiting the broader market’s engagement with this financial instrument.
This proposed change marks a potential shift in how the UK views digital assets and the broader crypto industry. It suggests a more inclusive approach, aimed at supporting innovation and growth in the sector.