UK crypto investors applaud regulatory change, calling it a "pivotal moment"

Regulatory changes to make cryptocurrencies more accessible to retail investors in the UK have been hailed by industry insiders as a "pivotal moment" for the market. The UK's financial marekt regulator's decision last week to lift its ban on offering cryptocurrency exchange-traded products to retail investors has even been likened to the UK's Big Bang in the 1980s. Russell Barlow, chief executive of 21Shares, the issuer of cryptocurrency exchange-traded products, said: "This is significant and, in a way, can be seen as the first step towards a sea change in the wider acceptance and adoption of digital assets in the UK financial marekt." Dovile Silenskyte, head of digital asset research at WisdomTree, said the end of the UK retail ban "marks a pivotal moment in the wider integration of digital assets into the financial system". ( Financial Times)