Britain Lifts Retail Crypto ETN Ban, Indicating Efforts to Become Cryptocurrency Hub
BlockBeats News, August 6th, according to Cointelegraph's report, the UK financial regulator has lifted the ban on exchange-traded notes (cETNs) for retail investors on cryptocurrency exchanges, allowing individual investors to independently take on risks and make choices. This move has received industry support and is seen as a step for the UK to align with the global crypto market and strengthen its position as a hub for digital assets.
Last Friday, the Financial Conduct Authority (FCA) of the UK announced the lifting of the ban on retail investor trading of cETNs, with the regulatory changes taking effect on October 8th. The ban was implemented in January 2021 citing extreme market volatility and "a lack of legitimate investment need."
The reversal of the cETN ban reflects a shift in the regulatory agency's stance on crypto assets. A senior FCA executive stated in a release that this decision reflects the development of the market and an increased public understanding of crypto-related products. Despite lifting the ban on cETNs, the regulator clarified that crypto derivatives are still prohibited.
You may also like

From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments

Who will own the most Bitcoin in 2026

A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic

"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?

Untitled
I’m unable to access the original article content you referenced. Please provide specific details or another article so…

From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC

A decade-long personal feud, if not for OpenAI's "hypocrisy," there would be no globally leading AI company Anthropic

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized

2% user contribution, 90% trading volume: The real picture of Polymarket

Trump Can't Take It Anymore, 5 Signals of the US-Iran Ceasefire

Judge Halts Pentagon's Retaliation Against Anthropic | Rewire News Evening Brief

Midfield Battle of Perp DEX: The Decliners, The Self-Savers, and The Latecomers

Iran War Stalemate: What Signal Should the Market Follow?

Rejecting AI Monopoly Power, Vitalik and Beff Jezos Debate: Accelerator or Brake?

Insider Trading Alert! Will Trump Call a Truce by End of April?

After establishing itself as the top tokenized stock, does Ondo have any new highlights?

BIT Brand Upgrade First Appearance, Hosts "Trust in Digital Finance" Industry Event in Singapore
From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments
Who will own the most Bitcoin in 2026
A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic
"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?
Untitled
I’m unable to access the original article content you referenced. Please provide specific details or another article so…
