UK’s FCA to End Retail Ban on Crypto ETNs Beginning October 8
Main Idea
The UK’s Financial Conduct Authority (FCA) will lift its ban on retail trading of cryptoasset-backed exchange-traded notes (cETNs) starting October 8, 2025, under strict regulatory conditions, while maintaining a ban on crypto derivatives for retail investors.
Key Points
1. The FCA will allow retail trading of cETNs listed on FCA-recognised UK investment exchanges from October 8, 2025.
2. Crypto derivatives remain banned for UK retail investors, and cETNs will not be protected under the Financial Services Compensation Scheme (FSCS).
3. The FCA introduced the initial ban in January 2021 due to volatility and insufficient investor understanding.
4. The decision reflects the FCA's assessment of a more mature market for these products and stronger safeguards.
5. Coinbase has criticized the UK’s financial system and regulatory stance, sparking debate over the pace of reform.
Description
FCA will allow retail trading of crypto ETNs from October 8, 2025, under strict regulatory conditions. Crypto derivatives remain banned for UK retail investors, with cETNs excluded from FSCS protection. Coinbase’s “Everything is fine” campaign highlights criticism of the UK’s slow regulatory pace. The UK’s Financial Conduct Authority (FCA) will lift its ban on retail access to cryptoasset-backed exchange-traded notes (cETNs) starting October 8, 2025. This decision follows a consultation launched...
Latest News
- Want to Know Why the Market Is Dropping, Look at What Arthur Hayes Is Doing2025-08-02 10:06:58
- Ripple CTO to Launch ‘Independent’ XRPL Hub With Enterprise-Grade Specs2025-08-02 09:27:07
- Ethereum ETFs Start August with First Outflow, Ending 20-Day Streak2025-08-02 08:33:18
- ETH Could Lead the Next Bull Run, If It Passes This Test2025-08-02 07:45:36
- U.S. Jobs Report Miss: Payrolls Up 73K, Fed Cut Bets Rise, Bitcoin Reacts2025-08-02 04:42:43