FCA Lifts Retail Ban on Crypto ETNs, Government Clarifies Tax Status
UK regulated firms must immediately update suitability and compliance frameworks to onboard crypto ETNs into retail investment products.
ASIC Exempts Stablecoin Distributors from Multiple Financial Services Licenses
The new ASIC class order strategically streamlines stablecoin distribution by shifting the primary licensing burden to the AFS-authorized issuer, reducing intermediary compliance friction.
