Several market players in the digital space have criticised the UK Financial Conduct Authority (FCA) decision to ban the sale of derivatives and exchange-traded notes (ETNs) that reference certain types of cryptoassets to retail consumers.
ETC Group, an issuer of digital asset backed securities listed on regulated stock exchanges, says the FCA's decision to ban the sale of regulated exchange-traded notes (ETNs) linked to cryptoassets to retail customers could result in more investors trading on unregulated markets without the rigorous market abuse protections of a regulated product on a major European exchange. The FCA's decision removes the 'safety net' for investors - ETC Group The decision means more investors wi
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