Hargreaves Lansdown Invests in Crypto Despite Skepticism

UK-based investment platform Hargreaves Lansdown has announced a bold move: providing access to regulated crypto products for select clients, despite the company’s own skepticism about Bitcoin and cryptocurrency’s intrinsic value. This decision marks a significant shift towards integrating digital assets into traditional finance, driven by regulatory changes allowing retail investors to engage with cryptocurrencies. The platform plans to offer Bitcoin and Ethereum ETNs on the London Stock Exchange, following recent adjustments from the Financial Conduct Authority (FCA). Access will be granted only to clients who pass rigorous risk assessments.