Just caught this - the FCA basically said 'nope' to retail traders wanting to mess with crypto derivatives in the UK, even though they're letting people trade crypto ETNs now. Kinda interesting how they're drawing the line there. So if you're wondering whether platforms like MEXC are legal in UK for retail derivatives trading, the answer's still no for retail customers doing leverage/futures stuff. They're keeping that ban locked down while monitoring things. The ETN move is like a compromise - retail can get crypto exposure through structured products, but the risky derivatives game stays off-limits for regular folks. Makes sense from a protection standpoint, but definitely limits options for UK traders who want more action. Curious if this changes anytime soon or if they're just gonna keep it strict.