The London Stock Exchange will roll out a market for bitcoin (BTC) and ether (ETH) exchange-traded notes (ETN) on May 28, it said on Monday. The stock exchange will accept applications for trading those crypto ETNs from April 8. The market will be subject to the approval of the U.K. regulator, the Financial Conduct Authority, the notice said. The FCA said earlier in March that it would not turn down requests from Recognized Investment Exchanges (RIEs) to create a listed market segment for ETNs. The products will be available to professional investors only. Regulators have been moving to make the country more crypto-friendly.
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