FCA to Allow Retail Investors to Gain Access to Crypto ETNs Starting October
The Financial Conduct Authority will lift its ban on retail access to cryptoasset-backed exchange traded notes on 8 October this year. This follows a consultation that began in June. Retail investors will be able to access cETNs if they are listed on FCA-recognised UK investment exchanges. These are referred to as Recognised Investment Exchanges. Firms…