Trading 212 begins offering cryptocurrency ETN trading services to UK retail investors
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CoinWorld News: According to CoinWorld, the Financial Times reports that Trading 212, one of Europe’s largest online investment platforms, provided cryptocurrency-linked exchange-traded notes (ETNs) trading services to UK retail investors without obtaining the necessary authorization from the UK financial regulator. In October 2025, the UK Financial Conduct Authority (FCA) lifted the ban implemented in 2021, allowing cryptocurrency ETNs to return to the UK retail market. However, these products, which track the prices of digital assets such as bitcoin, are classified as bonds and require specific regulatory approval to be sold to ordinary investors. Trading 212 only applied for additional authorization last week after being contacted by the regulator. As of Monday, the FCA register shows that the company has obtained permission to sell bonds. In contrast, competing platforms, including a certain exchange, already held the necessary sales authorization when the ban was lifted. According to a research report by the IG platform in October 2025, the launch of cryptocurrency ETNs could expand the size of the UK cryptocurrency market by 20%.
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