FCA Proposes Lifting Ban on Crypto ETNs for Retail Investors in UK

The Financial Conduct Authority (FCA) has proposed lifting the ban on crypto exchange-traded notes (cETNs) for retail investors in the United Kingdom. This change would allow individual consumers to access these products, provided they are listed on FCA-recognized exchanges. The proposal is intended to support the growth of the UK’s cryptocurrency industry. The regulator emphasized that its promotion rules will still apply.