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Big Change in UK Crypto Regulation - Retail Access to Bitcoin Products Coming Soon?
The UK may finally be easing its grip on crypto investment products. After banning retail access to crypto exchange-traded notes (cETNs) back in 2020, the Financial Conduct Authority (FCA) is now proposing to lift that ban. If approved, everyday investors in the UK would be able to trade cETNs, regulated products that give exposure to cryptocurrencies like Bitcoin and Ethereum, through official trading platforms.