U.K.'s FCA moves to allow mutual funds 10% exposure to crypto ETNs

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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