UK Watchdog to Lift Retail Ban on Crypto ETNs, Prompting BlackRock Scrutiny

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The UK’s FCA will reverse its 2019 ban on crypto exchange-traded notes (ETNs) for retail investors.

The new rule, allowing trading on approved UK exchanges, has already spurred action from asset management giant BlackRock, which is exploring how to offer its Bitcoin product to UK retail customers.

The decision follows industry consultation and marks a notable shift in the UK’s approach to regulated crypto access, though ETFs remain off-limits.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.