BlockBeats News, June 6th, the UK financial regulator proposed lifting the ban on retail investors buying exchange-traded products related to cryptocurrency from trading platforms, seeking to enhance competitiveness to respond to the resurging US crypto market under the Trump administration.
The Financial Conduct Authority (FCA) of the UK stated that this change means that existing exchange-traded notes linked to tokens such as Bitcoin and Ethereum can be sold to retail buyers as long as they are traded on FCA-approved trading platforms. Last year, the regulator allowed such products to be traded on venues like the London Stock Exchange but restricted them to professional investors.
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