The UK FCA allows retail investors to trade encryption ETNs as the regulatory framework continues to improve.

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On August 1, the UK Financial Conduct Authority (FCA) announced today that it allows retail investors to trade encryption ETN products (encryption trading platform notes) on approved UK Recognized Investment Exchanges (RIEs), but they must comply with financial promotion rules to ensure information transparency and avoid improper incentives.

Although trading channels are open, these products are still not protected by the UK's Financial Services Compensation Scheme (FSCS), and the relevant companies must comply with the Consumer Duty.

The FCA's retail ban on cryptocurrency derivatives remains in effect and will continue to monitor market dynamics of high-risk investment products, promoting the overall regulatory framework for cryptocurrency assets.

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DefiEngineerJackvip
· 08-01 12:15
*sigh* technically speaking just another half-baked regulatory framework... show me the formal verification
Reply0
ForkItAllDayvip
· 08-01 12:10
Just leave the back door open, I really don't care about protection.
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RiddleMastervip
· 08-01 12:09
Retail investors have been fooled again.
View OriginalReply0
MaticHoleFillervip
· 08-01 12:06
This regulation is too cautious and a bit slow, isn't it?
View OriginalReply0
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