FCA

The UK's Financial Conduct Authority (FCA) has lifted its 2021 ban on retail investors trading crypto exchange-traded notes (ETNs), enabling wider access to these crypto investment products.

The UK Financial Conduct Authority (FCA) is consulting on lifting its ban on cryptocurrency Exchange-Traded Notes (ETNs) for retail investors, aiming to allow sales through regulated exchanges with strict risk communication. This move marks progress in integrating crypto assets into UK financial markets, with a consultation period running until July 7, 2025. Meanwhile, investors can access crypto exposure through stocks and blockchain ETFs, with platforms like Bitlet.app offering convenient crypto installment services.

The UK is proposing to lift the ban on retail investments in cryptocurrency-linked ETNs such as Bitcoin and Ethereum, allowing informed investors access to high-risk assets. Consultation is open until July 2025.