On 11 March, the FCA revealed it could enable cETNs to be offered to skilled buyers, offering enough controls are in place and itemizing necessities are met.
The regulator mentioned skilled buyers would be capable of entry cETNs that meet their threat urge for food because of “elevated perception and knowledge as a consequence of an extended interval of buying and selling historical past”.
Adrian Whelan, world head of market intelligence at Brown Brothers Harriman, mentioned this marked a “vital shift” from the regulator’s earlier “ultra-conservative” stance.
London Inventory Change to simply accept purposes for crypto E…