UK to Allow Retail Crypto ETNs Purchases After Ban

The UK is changing its mind about letting regular people buy investments related to cryptocurrencies.

Previously, they were not allowed to, because they're risky.

Now, the financial watchdogs believe it will help the economy and let people decide if they want to take the risk.

They're allowing retail investors to buy ETNs, but they're still keeping some restrictions on more complex crypto investments.

This change is part of the UK's plan to have rules for cryptocurrencies, similar to the US.

The authorities will check to make sure everything is safe and give more options to investors.