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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Bybit Returns to UK with Spot Trading and P2P Platform After FCA Hiatus – What It Means for Crypto Investors Bybit, the second-largest cryptocurrency exchange by trading volume, has made a daring comeback to the UK market after a two-year exit forced by tough Financial Conduct Authority (FCA) regulations. Rolling out a spot trading platform […]
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UK to Regulate Crypto Under Financial Services Laws by 2027: A Game-Changer or a Chain? The United Kingdom is poised to drag the crypto world into the realm of traditional finance, with a landmark plan to regulate cryptocurrency firms under existing financial services laws by October 2027. This move by the UK Treasury could either […]
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