Businesses will soon be able to provide retail consumer access to the notes negotiated at Crypto Exchange (Cetns), according to changes announced by the United Kingdom’s financial behavior Authority (FCA).
Crypto Etns who can access retail consumers must be traded in an approved FCA, based in the United Kingdom (recognized exchange of investment or RIE). The rules of financial promotion will apply so that consumers receive the right information and do not provide inappropriate incentives for investment.
Consumer duty will apply to businesses that offer these products to retail investors. However, there will be no coverage by the FSC compensation plan (FSC). Consumers should ensure that they understand the dangers before deciding to invest.
This is the latest development, as FCA continues to create a Crypto regulatory framework.
The ban on FCA for retail access to Cryptoasset derivatives will remain in effect. The regulator will continue to monitor market developments and examine its approach to high -risk investments.
The change will take effect on October 8, 2025.
In January 2021, FCA banned the sale, marketing and distribution of derivatives and ETN reporting unjustly transferable encryption to retail customers.
In June 2025, FCA launched a consultation on proposals to rise the ban on retail access to Cetns.