No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, October 25, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Companies Weigh in as UK Prepares to Reverse Crypto ETN Ban

by TheAdviserMagazine
3 weeks ago
in Cryptocurrency
Reading Time: 2 mins read
A A
Companies Weigh in as UK Prepares to Reverse Crypto ETN Ban
Share on FacebookShare on TwitterShare on LInkedIn



The UK’s Financial Conduct Authority (FCA) is set to soon reverse a ban on crypto exchange-traded notes (ETNs) for retail investors enacted in 2019.

According to an Aug. 1 notice, the UK watchdog will lift a ban on retail access to crypto ETNs starting on Wednesday, provided they are traded on an “FCA-approved, UK-based investment exchange.” Unlike exchange-traded funds (ETFs), which are still banned in the UK for retail investors, ETNs represented debt securities tied to crypto and not backed by any underlying assets.

With the lifting of the ban looming, companies with operations in the UK have been weighing in on what the regulatory change could mean for retail investors. BlackRock, the world’s largest asset management company, is reportedly looking into ways to offer its iShares Bitcoin exchange-traded product to prepare for retail trading on or after Oct. 8.

Bitwise CEO Hunter Horsley, whose company’s European operations are headquartered in London, said on X that he was “excited to be able to serve more investors in our home market in Europe at long last.”

“Until now, the UK has been an outlier on ETNs,” Ian Taylor, board adviser to the digital assets trade association CryptoUK, told Cointelegraph. “We hope this move will improve consumer protections and we will continue to make the case for lifting the ban on retail investors from accessing highly-regulated derivative products.”

According to an August notice from the FCA, any asset manager planning to offer trading of ETNs to UK retail investors had to have them listed on a “Recognised Investment Exchange.” The decision followed consultations with companies, trade associations, and consumer groups.

Related: UK allows retail access to crypto ETNs, signals push to become crypto hub

Companies’ offerings reportedly delayed

Companies with operations in the UK, like CoinShares and Bitwise, will be able to offer exchange-traded products with exposure to digital assets. However, the Financial Times reported that retail investors could have to wait up to a week before being able to trade, in part due to the FCA only beginning to accept prospectuses on Sept. 23, two weeks before lifting the ban.

The regulator will likely have to review offerings from companies and follow up with any potential comments or concerns.

As of Friday, the FCA had made no moves suggesting that it was planning to lift a similar ban on ETFs or crypto derivatives for retail investors.

“While several respondents called for retail access to cryptoasset ETFs, ETFs marketed to UK retail investors are unable to invest directly into cryptoassets under our current regulatory framework for funds,” said the FCA in its August notice lifting the ETN ban. “This framework would need to be updated before retail investors could access cryptoasset ETFs.”

In contrast, spot cryptocurrency-tied ETFs have been available for trading in the US since being approved by the Securities and Exchange Commission in January 2024. The agency is currently operating with restrictions after US lawmakers failed to pass a bill to fund the government beyond Oct. 1, limiting its ability to review any crypto ETFs.

Magazine: Hong Kong isn’t the loophole Chinese crypto firms think it is



Source link

Tags: BanCompaniesCryptoETNpreparesReverseweigh
ShareTweetShare
Previous Post

What Q2 2025 Technology Services Earnings Mean For Technology Executives

Next Post

Commerce Minister Piyush Goyal drives investment reforms on Singapore visit

Related Posts

edit post
UK crypto investors face crackdown on unreported gains 

UK crypto investors face crackdown on unreported gains 

by TheAdviserMagazine
October 25, 2025
0

For years, many UK crypto holders have flown under the HMRC tax authority’s radar. They convinced themselves that digital assets...

edit post
Bitcoin Liquidity Hits Seven-Year Low As Accumulators Stack 373,700 BTC In A Month

Bitcoin Liquidity Hits Seven-Year Low As Accumulators Stack 373,700 BTC In A Month

by TheAdviserMagazine
October 25, 2025
0

Bitcoin (BTC) liquidity is drying up fast, as the metric recently hit a seven-year low, reaching around 3.12 million BTC,...

edit post
Custodia and Vantage Deliver Tokenization Directly Inside Everyday Banking Systems

Custodia and Vantage Deliver Tokenization Directly Inside Everyday Banking Systems

by TheAdviserMagazine
October 25, 2025
0

U.S. regional banks are charging into a new era of digital finance with a powerful blockchain breakthrough that merges traditional...

edit post
Bank of England Probes Data Mining Lending Fueling AI Bets

Bank of England Probes Data Mining Lending Fueling AI Bets

by TheAdviserMagazine
October 24, 2025
0

The Bank of England is investigating the rise of financiers lending to data centers as a way to speculate on...

edit post
Trump taps Michael Selig to lead CFTC: Bloomberg

Trump taps Michael Selig to lead CFTC: Bloomberg

by TheAdviserMagazine
October 24, 2025
0

Key Takeaways President Trump has appointed Michael Selig as the new chair of the CFTC, signaling a pro-crypto stance. The...

edit post
New Bitcoin Improvement Proposal Aims To Improve Privacy

New Bitcoin Improvement Proposal Aims To Improve Privacy

by TheAdviserMagazine
October 24, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A new Bitcoin Improvement Proposal titled “Chain...

Next Post
edit post
Commerce Minister Piyush Goyal drives investment reforms on Singapore visit

Commerce Minister Piyush Goyal drives investment reforms on Singapore visit

edit post
Innovation pipeline, portfolio in focus ahead of Johnson & Johnson’s Q3 earnings

Innovation pipeline, portfolio in focus ahead of Johnson & Johnson’s Q3 earnings

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
I helped design rocket engines for NASA’s space shuttles. Here’s why businesses need AI as trustworthy as aerospace tech

I helped design rocket engines for NASA’s space shuttles. Here’s why businesses need AI as trustworthy as aerospace tech

0
edit post
A Brief History of the Enduring American Embargo against Cuba

A Brief History of the Enduring American Embargo against Cuba

0
edit post
Starboard aims to unlock the value of Fluor’s investment in nuclear tech company NuScale

Starboard aims to unlock the value of Fluor’s investment in nuclear tech company NuScale

0
edit post
UK crypto investors face crackdown on unreported gains 

UK crypto investors face crackdown on unreported gains 

0
edit post
Arizona Heat, Bigger Bills: 7 Utility Hacks That Actually Cut Costs for Fixed-Income Retirees

Arizona Heat, Bigger Bills: 7 Utility Hacks That Actually Cut Costs for Fixed-Income Retirees

0
edit post
Hotstocks KW 43 / 2025 – Solaraktien für mehr Sonne im Depot!

Hotstocks KW 43 / 2025 – Solaraktien für mehr Sonne im Depot!

0
edit post
A Brief History of the Enduring American Embargo against Cuba

A Brief History of the Enduring American Embargo against Cuba

October 25, 2025
edit post
Hotstocks KW 43 / 2025 – Solaraktien für mehr Sonne im Depot!

Hotstocks KW 43 / 2025 – Solaraktien für mehr Sonne im Depot!

October 25, 2025
edit post
Insiders Are Scooping Up Shares of a Miner, a Driller, and a Biotech

Insiders Are Scooping Up Shares of a Miner, a Driller, and a Biotech

October 25, 2025
edit post
UK crypto investors face crackdown on unreported gains 

UK crypto investors face crackdown on unreported gains 

October 25, 2025
edit post
I helped design rocket engines for NASA’s space shuttles. Here’s why businesses need AI as trustworthy as aerospace tech

I helped design rocket engines for NASA’s space shuttles. Here’s why businesses need AI as trustworthy as aerospace tech

October 25, 2025
edit post
Arizona Heat, Bigger Bills: 7 Utility Hacks That Actually Cut Costs for Fixed-Income Retirees

Arizona Heat, Bigger Bills: 7 Utility Hacks That Actually Cut Costs for Fixed-Income Retirees

October 25, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • A Brief History of the Enduring American Embargo against Cuba
  • Hotstocks KW 43 / 2025 – Solaraktien für mehr Sonne im Depot!
  • Insiders Are Scooping Up Shares of a Miner, a Driller, and a Biotech
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.