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Evening Standard
Evening Standard
Anna Wise

City watchdog to lift ban on some crypto-linked investments for consumers

Crypto City FCA the Financial Conduct Authority Bitcoin
The City watchdog is set to lift a ban on some cryptocurrency-linked investments for individual consumers (Alamy/PA) -

The City watchdog is set to lift a ban on some cryptocurrency-linked investments for individual consumers despite warning people could “lose all their money” from the “high-risk” asset.

The Financial Conduct Authority (FCA) said it was proposing to allow retail investors to access crypto exchange-traded notes (ETNs).

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