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UK regulator permits crypto ETNs for professional investors - Forkast News

Retrieved on: 2024-03-11 19:25:46

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UK regulator permits crypto ETNs for professional investors - Forkast News. View article details on HISWAI: https://forkast.news/uk-regulator-permits-crypto-etns-for-professional-investors/

Summary

The UK's Financial Conduct Authority is allowing exchanges to launch crypto asset exchange-traded notes, focusing on professional investors. This move, following Bitcoin ETFs' success in the US, signals progress in integrating cryptocurrencies, like stablecoins, into mainstream finance.

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