Details on proposal

Data block

Collection item

Companies offering crypto exchange-traded notes to UK retail investors would be subject to existing financial promotion and risk disclosure rules to ensure consumers are adequately informed of the associated risks and to prevent inappropriate incentives to invest
FCA’s proposal to permit retail access to crypto ETNs would apply only to products listed on FCA approved exchanges (a Recognized Investment Exchange or RIE)
The FCA’s proposal to allow retail access to crypto exchange-traded notes (ETNs) does not lift the existing ban on crypto derivatives and exchange traded funds (ETF’s) for retail investors, which remain prohibited under current UK rules
Investors in crypto ETNs, after the FCA lifts its ban, will not be protected by the UK’s government compensation scheme if the issuing firm fails

Data source type

Collection data source

Filter

{"where":{"AND":[{"attribute":"Jfmby78N4BCseZinBmdVov","is":"KeG9eTM8NUYFMAjnsvF4Dg"}]}}

Referenced by

UK to lift ban on crypto ETNs for retail investors

Crypto news

News story