Reported 28 days ago
The UK is reinstating the ability for retail investors to purchase crypto exchange-traded notes (ETNs) after a five-year suspension, effective October 8. This decision by the Financial Conduct Authority allows access to more mainstream crypto investment products while maintaining protections, although the ban on crypto derivatives remains in place. The move reflects a shift in regulatory approach amidst increasing pressure from lawmakers and industry groups to clarify digital asset regulations.
Source: YAHOO