LATEST: UK Regulator FCA Plans to End Ban on Bitcoin and Crypto ETNs for Retail Buyers

The UK Financial Conduct Authority (FCA) has announced a major shift by allowing retail investors access to crypto exchange traded notes (cETNs) through recognized investment exchanges. This marks a significant move toward supporting digital asset growth in the UK and positions the country as a competitive player in global crypto markets.

According to the FCA this change brings the UK closer to international standards where similar products are already available. While the existing ban on cryptoasset derivatives for retail investors will remain the new rule lets individuals decide if cETNs are right for them as long as risks are clearly communicated under UK financial promotion rules.

This decision aligns with broader government efforts to grow the crypto sector. FCA Executive Director David Geale said the move is about giving people choice while maintaining protections. Legal experts call it a strong signal that the UK is embracing crypto and working to create a balanced and mature regulatory environment.

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