The UK’s Financial Conduct Authority (FCA) has proposed ending its 2021 ban on crypto exchange-traded notes (cETNs) for retail investors. Under the new plan, retail access would be allowed for cETNs listed on FCA-recognized exchanges. The goal is to support the growth of the UK’s crypto market while maintaining investor protections through existing financial promotion rules. Until now, only professional investors could access these products, but the change could open up broader market participation.
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