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FCA provides info for firms looking to offer crypto ETNs

From fxnewsgroup.com

The UK Financial Conduct Authority (FCA) today published a notice to firms looking to offer crypto exchange trade notes (cETNs). Consumers can now access crypto exchange trade notes (cETNs), with several products available. The FCA lifted the ban on retail access to certain cETNs on 8 October. Retail consumers can now access cETNs when they are listed on the FCA Official List and admitted to trading on a UK Recognised Investment Exchange. Prospectuses must be reviewed and approved before the products are available. The FCA had already been reviewing retail crypto ETN prospectuses in preparation for the 8 October ... (full story)

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