"The British regulator lifts the retail purchase ban on cryptocurrency ETNs"
The Financial Conduct Authority (FCA), the financial regulator of Great Britain, announced on Friday that it has decided to lift the ban that prevented retail investors from purchasing exchange-traded notes (ETNs) of cryptocurrencies.
This marks a shift from its previous stance of keeping these products out of reach of non-professional investors.
The FCA announced its decision on Friday, stating that allowing retail investors to buy ETNs would encourage growth and competitiveness.
"Tesla falls 14% on the stock market after the dispute between Trump and Musk intensifies"
New York, June 5 (.).- The electric car company Tesla (NASDAQ:TSLA), owned by Elon Musk, fell 14% this Thursday on the stock market after the rhetorical dispute between the mogul and U.S. President Donald Trump intensified, for whom the businessman worked until just a week ago.
At the close of the day on Wall Street, the decline of Trump Media also stood out, the president's company that encompasses his social network Truth Social, which lost more than 8% of its value.
Trump threatened today to cancel all public contracts with companies linked to Musk, amid a growing exchange of criticism and insults between the two following the mogul's departure as a government worker and his criticism of Trump's tax plan.
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