UK Crypto Regulation Update - FCA Lifts Ban on Crypto ETNs for Retail Investors

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Story Highlights* FCA lifts 4-year ban, allowing UK retail access to crypto ETNs from October 2025.

  • Only FCA-approved Recognised Investment Exchanges (RIEs) can list retail-accessible crypto ETNs.
  • No FSCS protection, investors could lose all funds if crypto platforms fail or collapse.
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