#Institutional Access

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#Institutional Access

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UK FCA Proposes 10% Crypto ETN Allocation for Investment Funds

UK FCA Proposes 10% Crypto ETN Allocation for Investment Funds

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The UK’s Financial Conduct Authority is proposing a modest but meaningful loosening of its crypto rules: investment funds could be allowed to put up to 10% of their assets into crypto exchange-traded notes, or ETNs. 10% allocation cap for investment funds Crypto ETNs only, not direct bitcoin custody More institutional access to bitcoin and crypto […]

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