The FCA suggested allowing UK UCITS schemes and some NURS to invest in crypto ETNs in its latest quarterly consultation paper.

The FCA proposed allowing authorized UK funds to hold up to 10% in crypto ETNs, extending access opened by last year's retail ban lift.

The UK’s market regulator has proposed allowing some retail funds to allocate up to 10% to crypto products, closing a regulatory gap after it allowed individual investors to buy…