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UK stock exchange and FCA give go-ahead to crypto ETNs

Bitcoin trading graphic
Photo: Getty Images

London moves indicate further institutionalization of crypto trading.

Crypto asset trading has moved further into the institutional mainstream after the London Stock Exchange (LSE) and UK regulator the FCA gave the green light to the trading of bitcoin and ethereum Exchange Traded Notes (ETNs).

The announcements came as bitcoin topped the $71,000 dollar mark for the first time.

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