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UK financial regulator floats allowing 10% crypto allocations for retail funds

Cointelegraph.com News·
UK financial regulator floats allowing 10% crypto allocations for retail funds
AI Analysis

The UK's Financial Conduct Authority is considering permitting retail funds to allocate up to 10% of their investments in cryptocurrencies, provided it aligns with their stated investment objectives. This move could signal a more favorable regulatory stance towards crypto investments in the retail sector.

Key Topics

Financial Conduct Authority

Originally reported by Cointelegraph.com News. Read the full article ↗

UK financial regulator floats allowing 10% crypto allocations for retail funds | AI Crypto Daily Wire