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U.K.'s FCA moves to allow mutual funds 10% exposure to crypto ETNs
CS
CoinDesk Staff(03:39 PM UTC)
1 min read
UK financial regulator moves to allow mutual funds 10% exposure to crypto ETNs
The Financial Conduct Authority proposed allowing some investment schemes to add exposure to crypto exchange-traded notes.
The U.K.'s financial regulator, the Financial Conduct Authority (FCA), proposed allowing certain retail investment funds to hold up to 10% of their assets in cryptocurrency exchange-traded notes…
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