UK Lifts Ban on Crypto ETNs After Four-Year Freeze

[tradelikepro]

The UK’s Financial Conduct Authority (FCA) has lifted its 2021 ban on crypto exchange-traded notes (ETNs), allowing retail investors to access the products via FCA-approved exchanges. The regulator cited a “maturation of the market” and greater understanding of digital assets as reasons for the policy shift. However, the FCA confirmed that its ban on crypto derivatives for retail traders remains in place.

[Nahid10]

After four years, this decision feels overdue. The UK finally realizes that banning innovation doesn’t stop progress.

[EmTeam]

Good to see the UK coming back to the table. A regulated ETN market could make London a major crypto hub again.