The UK's FCA is considering lifting the ban on retail access to crypto exchange-traded notes (cETNs), signaling a shift towards mainstream integration of these products.
If approved, retail investors in the UK would be able to trade crypto ETNs through recognised investment exchanges under strict regulatory safeguards.
The FCA aims to provide clear risk information to consumers interested in investing in crypto ETNs while maintaining a cautious stance on high-risk investments.
This proposal is part of the FCA's broader initiative to establish a comprehensive regulatory framework for crypto assets and reduce regulatory burdens across the financial sector.