๐ฌ๐ง NOW: The UK's FCA has proposed allowing retail investment funds to allocate up to 10% of their holdings in crypto exchange-traded notes.
The UK's FCA has proposed allowing retail investment funds to allocate up to 10% of their holdings in crypto exchange-traded notes.
๐ฌ๐ง NOW: The UK's FCA has proposed allowing retail investment funds to allocate up to 10% of their holdings in crypto exchange-traded notes.
RT @CoinDesk: LATEST: The UK's FCA proposes allowing authorized investment funds to allocate up to 10% of assets to crypto ETNs for the firโฆ
BREAKING: U.K. investment funds can now invest up to 10% of fund into Bitcoin and crypto ETFs, after approval by U.K. Regulator FCA.
UK Opens Door to Crypto in Mainstream Funds The UK Financial Conduct Authority has proposed allowing authorized investment funds to allocate up to 10% of assets to crypto exchange traded notes. The move would expand access to regulated crypto exposure for retail investors. A five week consultatio
๐จJUST IN: UKโs FCA proposes allowing retail investment funds to hold up to 10% in crypto ETNs. UK investors could soon get crypto exposure through funds, without directly holding crypto itself.
So great to see the UK regulator finally beginning to normalise its relationship with crypto. This is big news.