EddieJayonCrypto
26 Mar 24
The London Stock Exchange (LSE) has announced plans to trade cryptocurrency Exchange-Traded Notes (ETNs) for Bitcoin and Ethereum, subject to approval by the Financial Conduct Authority. Trading is set to commence in late May 2024, with issuers required to submit specific details by April 15, 2024. ...
The London Stock Exchange (LSE) has announced plans to trade cryptocurrency Exchange-Traded Notes (ETNs) for Bitcoin and Ethereum, subject to approval by the Financial Conduct Authority. Trading is set to commence in late May 2024, with issuers required to submit specific details by April 15, 2024.
The decision to set the trading commencement for late May 28, 2024, is deliberate, aiming to include the maximum number of issuers right from the get-go. This reflects the LSE's commitment to ensuring all listed Crypto ETNs meet the highest standards of transparency and regulatory compliance, while also fostering innovation and ensuring investor protection and market integrity.
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