The UK’s Financial Behavior Authority (FCA) recently suggested lifting an existing ban on ETNS on the basis of encryption. This would allow retailers to trade in these products, which are exclusive to institutional customers.
However, this is just a suggestion, and it will require about a month of consultation before approval.
FCA to soften Etn encryption position
The British government has been promising new encryption regulations for months now, and one of the major organizers was doing the same. Despite the former hostility of the industry, FCA was acting, and new an offer To give legitimacy to Crypto Etns continues the trend.
“This consultation clarifies our commitment to supporting growth and competitiveness of the UK encryption industry. We want to balance our risk approach and raise the ban of people by choosing whether this investment is at risk suitable for them, given that they may lose all their money,” said David Gill, FCA CEO.
Specifically, FCA plans to allow individual investors to buy Crypto Etns, which was previously exclusive to institutional customers. This is not a complete editing; The authority was quite clear that retailers could not reach other encryption derivatives. However, you will continue to “monitor market developments”, and this policy may also be modified.
This is a remarkable victory for the regulation of global encryption, although Britain’s reluctance to support this industry. FCA agreed to Crypto Etns for institutional traders more than a year ago, for example. The retailers have been stuck to wait, and the waiting has not yet ended.
To be clear, FCA has already agreed to Crypto Crypto Etns yet. This is just a proposal that requires approval, and it will be out to consult until July. After this point, the Treasury or Parliament will have the final statement of its implementation. The nation aims to be a global encoding center, so we hope this policy will come.
However, it is easy to see why the FCA ETN’s suggestion can see. In the first quarter of 2025, encryption -based investment funds were the most important money across Britain, an exciting modern data point for participation. However, the industry is fighting hard to gain new organizational freedom in the past few months. Ideally, this proposal will become a government policy, which leads to future victories.
Disintegration
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