UK FCA Proposes 10% Crypto ETN Cap for Authorized Funds

robot
Abstract generation in progress
The UK FCA proposed allowing authorized investment funds to hold up to 10% of scheme property in crypto ETNs. The consultation closes on July 13. The FCA said authorized funds are not currently being considered for direct crypto asset holdings.
ETN1.89%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned