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2024-03-15 17:22:58

UK financial watchdog eases restrictions on crypto-backed exchange-traded notes

The UK’s Financial Conduct Authority (FCA) has announced its decision to permit professional investors to trade crypto exchange-traded notes (ETNs) offered by recognized investment exchanges (RIEs). This move, unveiled on March 11, signals a significant step towards integrating cryptocurrency-related products into the UK’s regulated financial environment. Industry figures within the crypto space have largely welcomed