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The UK’s financial regulator is opening the door for wider retail access to crypto-linked investment products.  On June 6, the Financial Conduct Authority (FCA) proposed lifting its ban on cryptocurrency Exchange-Traded Notes (ETNs), allowing UK retail investors to buy these products on recognized investment exchanges for the first time. The move marks a major step toward regulated crypto exposure for the public. While UK investors still won’t get access to spot Bitcoin ETFs like in the US, ETNs provide a way to trade debt instruments that track digital asset prices, without holding the underlying crypto. Safeguards will still apply. Products must meet the UK’s financial promotion rules, be listed on regulated exchanges, and include clear risk disclosures. Incentives and aggressive promotions will remain restricted. ETNs: What investors need to know ETNs are unsecured debt notes that mirror the price of assets like Bitcoin, but carry issuer risk and don’t grant...

Hong Kong is relaxing its crypto regulation to allow retail investors to trade digital assets directly. A licensing regime for crypto platforms that allows retail crypto trading is reportedly set to be enforced in March next year. Hong Kong Nears Allowing Retail Crypto Trading Hong Kong is reportedly relaxing its strict cryptocurrency regulation with a plan to allow retail crypto trading, Bloomberg reported Thursday, citing people familiar with the matter. A mandatory licensing regime for cryptocurrency platforms that allows retail crypto trading is set to be enforced in March next year, the publication conveyed, elaborating: Hong Kong plans to legalize retail trading for crypto starting in March after years of skepticism — a stark contrast to mainland China’s ban. Moreover, regulators are seeking to allow retail exchanges to list large cryptocurrencies, like bitcoin (BTC) and ether (ETH), the news outlet added. The listing rules are likely to include criteria ...

The Australian Securities and Investments Commission has passed interim stop orders against asset manager Holon Investments from offering or distributing three crypto-related funds—tracking Bitcoin, Ethereum, and FileCoin—to investors. Per the official statement, the said decision has been passed due to Holon’s non-compliant target market determinations [TMDs]. Australia’s apex market regulator made interim orders to protect retail investors from potentially investing in funds that may not be suitable for their financial objectives, situation, or needs. ASIC has made interim stop orders preventing Holon Investments Australia Limited from offering or distributing three funds to retail investors because of non-compliant target market determinations. https://t.co/AXpqgdAQnl — ASIC Media (@asicmedia) October 16, 2022 The official statement noted, The interim orders stop Holon from issuing interests in, giving a product disclosure statem...