<ul><li>The UK’s Financial Conduct Authority (FCA) has proposed lifting the ban on offering crypto exchange traded notes (cETNs) to retail investors.</li><li>The change would allow individual consumers in the UK to access these high-risk products, provided they are traded on an FCA-approved recognised investment exchange.</li><li>The FCA aims to apply financial promotion rules to ensure consumers are informed about risks and are not offered inappropriate incentives, similar to safeguards for direct purchases of cryptoassets.</li><li>This proposal is part of the FCA's efforts to establish a regulatory framework for cryptoassets, while maintaining the ban on retail access to cryptoasset derivatives.</li></ul>

UK’s Financial Conduct Authority Proposes Lifting Ban on Retail Access to Crypto ETNs

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