UK Regulator Unlocks New Crypto Product but Only for Pros

The UK’s
market regulator will now permit certain authorized exchanges in the UK to
create special market segments where specific types of investment crypto products
can be bought and sold. However, these market segments will only be accessible
to professional investors, such as investment firms and banks that are licensed
to operate in financial markets.

The
Financial Conduct Authority (FCA) has updated its position on
cryptoasset-backed Exchange
Exchange

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
Read this Term Traded Notes (cETNs) for professional investor, allowing
Recognised Investment Exchanges (RIEs) to establish dedicated UK-listed market
segments for these products.