UK to Lift Ban on Cryptocurrency Exchange-Traded Notes for Retail Investors
The UK Financial Conduct Authority (FCA) is set to lift its ban on cryptocurrency exchange-traded notes (ETNs) for retail investors, which was imposed in January 2021 due to concerns over volatility and complexity.
Key points:
- Crypto ownership in the UK increased from 18% in 2024 to 24% in 2025.
- The US is advancing the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act to regulate stablecoins, focusing on transparency and consumer protection.
- A friendlier regulatory environment is expected to enhance the crypto market.
- Bitcoin recently reached an all-time high of $112K, with predictions of a potential rise to $150K.
Investors should conduct their own research before making decisions. The following tokens are highlighted as potential investments:
- Snorter Token ($SNORT) - A trading bot designed for meme coin transactions.
- BTC Bull Token ($BTCBULL) - Offers exposure to Bitcoin's performance with free BTC airdrops during price milestones.
- KoKoK The Roach ($KOKOK) - A meme coin that has seen over 310% growth since launch.
Current trading metrics for KoKoK include a price of $0.1724, a market cap of $35M, and a trading volume of $1.13M, reflecting a 110% increase over the past 24 hours.