PANews reported on October 4th that, according to Cointelegraph, the UK Financial Conduct Authority (FCA) will lift the ban on retail investors purchasing crypto exchange-traded notes (ETNs), which has been in place since 2019, starting next week, provided that the relevant products are listed and traded on a UK-based investment exchange approved by the FCA. Unlike ETFs, ETNs are debt securities linked to crypto assets and are not backed by physical assets.
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