Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, the UK Financial Conduct Authority is preparing to reverse a ban on crypto exchange-traded notes for retail investors. Coinbase One will become available to Samsung Galaxy users in the US through an expanded integration. Meanwhile, sources have flagged a vulnerability in the Unity gaming platform that could expose Android-based crypto wallets.
The UK’s Financial Conduct Authority (FCA) is set to soon reverse a ban on crypto exchange-traded notes (ETNs) for retail investors enacted in 2019.
According to an Aug. 1 notice, the UK watchdog will lift a ban on retail access to crypto ETNs starting on Wednesday, provided they are traded on an “FCA-approved, UK-based investment exchange.” Unlike exchange-traded funds (ETFs), which are still banned in the UK for retail investors, ETNs represented debt securities tied to crypto and not backed by any underlying assets.
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