The UK Financial Conduct Authority (FCA) has lifted its ban on crypto exchange-traded products (ETPs) for retail investors, effective October 2. However, due to delays in prospectus approvals, Bitcoin and Ethereum-linked products may not be available until at least October 13. The FCA began accepting prospectuses on September 25, just two weeks before the anticipated launch, leading to frustration among industry executives. Additionally, the London Stock Exchange must approve listings following regulatory clearance. This development marks the first opportunity for UK retail investors to access regulated crypto products since the 2021 ban on crypto derivatives and ETPs.
UK Lifts Ban on Crypto ETPs, Retail Access Delayed Until October 13
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