UK lifts retail ban on crypto ETPs, unlocking access to a £800B market

UK lifts retail ban on crypto ETPs, unlocking access to a £800B market

By CryptoSlate
The UK has taken a decisive step toward mainstream crypto adoption after the Financial Conduct Authority (FCA) lifted its three-year ban on retail trading of crypto exchange-traded products (ETPs). The decision, announced on Oct. 8, reverses a January 2021 restriction that prevented retail investors from accessing crypto exchange-traded notes (ETNs) over volatility and consumer-protection concerns.

Article Details

The UK's Financial Conduct Authority (FCA) has officially lifted its three-year ban on retail cryptocurrency exchange-traded products (ETPs), opening access to a massive £800 billion market for everyday investors. This landmark decision, announced October 8th, reverses restrictive policies implemented in January 2021 that blocked retail traders from crypto ETNs due to volatility and consumer protection concerns.

The regulatory shift marks a pivotal moment for mainstream cryptocurrency adoption in the UK, potentially driving significant capital inflows into Bitcoin, Ethereum, and other digital assets. By removing barriers to crypto ETPs, the FCA enables retail investors to gain exposure to blockchain technology and decentralized finance (DeFi) through regulated investment vehicles.

This policy reversal positions the UK as increasingly crypto-friendly, potentially boosting Bitcoin prices and strengthening the broader cryptocurrency market. The decision reflects growing institutional acceptance of digital assets and could accelerate adoption of blockchain technology across traditional finance sectors. Retail investors can now access diversified crypto exposure through regulated products, reducing risks associated with direct cryptocurrency trading while participating in the digital asset revolution.

Article Details

Market Sentiment
negative
Category
bitcoin
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Market

Additional Information

0

Read the Full Article

Continue reading this article on CryptoSlate

Read Full Article

Source: CryptoSlate

Type: Article

Continue Reading

Stay informed with more cryptocurrency news and insights

Binance CEO Pushes Back on Claims of Promoting Trump Stablecoin Before CZ Pardon
generalNegative

Binance CEO Pushes Back on Claims of Promoting Trump Stablecoin Before CZ Pardon

TL;DR Binance CEO denies promoting Trump's stablecoin. The allegations involve a $2 billion investment in MGX. Senator Elizabeth Warren denounced thes...

Crypto Economy1 min
Crypto Industry Watches Closely as Prosecutors Seek Five-Year Term in Samourai Case
generalNegative

Crypto Industry Watches Closely as Prosecutors Seek Five-Year Term in Samourai Case

TL;DR US prosecutors are seeking the maximum five-year sentence for the co-founders of Samourai Wallet. They are accused of laundering $237M, although...

Crypto Economy1 min
U.S. Sanctions North Korean Bankers Over Crypto Laundering Tied to Cyberattacks
generalNegative

U.S. Sanctions North Korean Bankers Over Crypto Laundering Tied to Cyberattacks

The U.S. Treasury has imposed fresh sanctions on a group of North Korean bankers and institutions accused of laundering millions in cryptocurrency tie...

Coindesk1 min
Arthur Hayes: America's ‘Repo Market Voodoo' Could Be a Blessing for Crypto
generalPositive

Arthur Hayes: America's ‘Repo Market Voodoo' Could Be a Blessing for Crypto

TL;DR Arthur Hayes argues that the US government's repo-based funding model expands the dollar supply without calling it QE, which may support crypto ...

Crypto Economy1 min
Binance-backed startup accused of wallet manipulation in APR token airdrop
generalNegative

Binance-backed startup accused of wallet manipulation in APR token airdrop

aPriori, the trading startup backed by Binance founder Changpeng Zhao's venture firm YZi Labs is facing allegations of a Sybil attack in its recent to...

Cryptopolitan1 min
Stream Finance Stablecoin Plunges 77% After Protocol's Fund Manager Loses $93 Million
generalNegative

Stream Finance Stablecoin Plunges 77% After Protocol's Fund Manager Loses $93 Million

Stream's collapse shows operational risk extends beyond smart contracts to fund managers and custody, an expert told Decrypt....

Decrypt1 min