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UK Lifts Crypto Ban โ Will London Become Europeโs Bitcoin Hub? The United Kingdom has taken a step towards turning into Europe's digital assets hub, announcing the lifting of a decades-long ban on retail access to crypto exchange-traded notes (ETNs) and ETFs.
On June 6, the Financial Conduct Authority (FCA) confirmed that it will allow individual investors to buy these sanctioned crypto products, previously only open to professionals on sanctioned investment exchanges like the London Stock Exchange.
The policy shift, overturning a ban that's been on the books since 2019, forms part of a broader post-Brexit strategy to boost competitiveness and attract fintech innovation.
Crypto ETNs and ETFs tracking the value of assets like Bitcoin and Ethereum will be available to retail buyers if they're traded on FCA-listed venues and in accordance with strict financial promotion and risk disclosure rules.
Despite this, the retail crypto derivatives ban continues to stand, mirroring concerns regarding volatility and consumer protection in the marketplace.
David Geale, the FCA's executive director of payments and digital assets, was keen to note the regulator's new stance: #ETH #BTC
Pro-XRP lawyer John Deaton believes buying Bitcoin at $106,000 today is a smarter move than when it was $25,000. In a recent post on X, Deaton responded to Bitcoin Magazine CEO David Baileyโs call for investors to accumulate Bitcoin.
Deaton argued that the current macroeconomic environment, institutional interest, and political shifts make Bitcoin a more attractive and โasymmetricalโ bet now than ever before.
Deaton explained that he isnโt suggesting people risk their homes or go into debt to buy Bitcoin. But with inflation, growing debt, Trump-era tariffs, and fears of fiat collapse, he believes the world is shifting in Bitcoinโs favor.
Deaton highlighted the upcoming GENIUS Act and Trumpโs crypto-friendly โBig Beautiful Billโ as signs of growing government support. According to Deaton, big institutions and even countries are jumping in. Strategy (formerly MicroStrategy) continues to buy large amounts of Bitcoin weekly.
In the last week alone, 16 companies have added Bitcoin to their balance sheets. Meanwhile, countries like Pakistan, Ukraine, and Ireland are exploring national Bitcoin reserves.
According to Deaton, 82% of his net worth is in Bitcoin, and he has an average entry below $25K. Peter Schiff, a Bitcoin critic, questions the โsafe havenโ label for Bitcoin, but Deaton is confident. He said buying Bitcoin at $106K is more asymmetrical than when it was at $25K. โI have both confirmation and wealth preservation bias, but I admit.โ
It is not surprising that Deatonโs bold stance reflects a growing belief that Bitcoin could be a better long-term bet in todayโs uncertain world. #xpr #BTC
How I Made Profits from Bobcoin Fluctuations on Binance ๐ฐ I noticed a pattern: Whenever the price of Bobcoin drops, it tends to bounce back shortly after. So I thought โ why not ride the wave? ๐ I started spot trading by simply: 1. Buying low when the price dips 2. Selling high when it goes back up Sounds simple, right? But consistency is key. And guess what? Within just a few rounds of trading, I made almost $30 profit โ without risking a lot! ๐ธ Itโs a small win, but for me as a student and a part-time trader, this is super motivating ๐ Every dollar counts when youโre building from scratch! Iโm now working on automating this strategy using Node.js (yes, coding meets crypto ๐). Canโt wait to share updates soon! #CryptoTrading #Bobcoin #Binance #SpotTrading #CryptoPakistan #NodejsBot #StudentTrader #FreelancerLife #CryptoJourney #SmallStepsBigDreams #buylowsellhigh llHigh #SideHustle #tradingtips #learnAndEarn #BinanceTrader
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#CryptoSecurity101 Crypto Security 101: Lock It Like Itโs Hot In crypto, if your passwords are โ1234โ and your seed phrase is on a sticky noteโcongrats, youโre a hackerโs dream. Step 1: Use hardware wallets. Not your keys, not your coins. Step 2: Enable 2FA, not 2Fast2Forget. Step 3: Avoid shady airdrops like you avoid free sushi from Craigslist. Never share your seed phrase. Not with your dog. Not with your mom. Not even with ChatGPT . In short: treat your crypto like a dragon guards its hoardโparanoid, fireproof, and 100% offline.
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