FCA lifts crypto ban on ETNs for UK retail investors, effective October 8

Description

Crypto industry stakeholders in the UK are praising the Financial Conduct Authority’s (FCA) decision to open access to crypto exchange-traded notes (ETNs) for retail investors, a move seen as a watershed moment for the country’s digital asset market. The new policy , set to take effect from October 8, 2025, lifts a long-standing ban and is likened by some to the “Big Bang” reforms of 1986 that transformed London’s financial sector. While the FCA maintains its historically cautious stance toward ...