The FCA to lift ban on crypto ETNs
Tremendous news today that since we first met with HMT several years ago, the FCA has announced its intention to lift the ban on offering crypto ETNs to retail investors. Lifting the ban will enable ETNs to be sold to retail clients by FCA registered platforms like Archax, substantially supporting the growth of the UK digital asset industry. This is important for the UK to remain competitive, as similar products are already available in other territories. We welcome this news from the FCA and their continued commitment to supporting the growth of the UK crypto industry.