📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
UK Lifts 4-Year Crypto Ban: Retail Investors Re-enter the Market
The UK’s Financial Conduct Authority (FCA) has lifted a four-year ban on retail investors buying crypto-linked products, marking a major shift in financial regulation. This allows consumers to invest in Bitcoin (BTC) and Ethereum (ETH) through regulated platforms without direct ownership or wallets.
Spot Crypto ETPs Flood LSE
Post-ban, firms like 21Shares, Bitwise, WisdomTree, and BlackRock rushed to launch spot Exchange-Traded Products (ETPs) on the London Stock Exchange (LSE). BlackRock led with iShares Bitcoin ETP (IB1T), custodied by Coinbase Prime in cold storage for security. These physically backed ETPs ensure transparency and minimize risks like counterparty exposure.
FCA’s David Geale stated: “The market has matured, with improved product transparency and risk awareness. We aim to balance safety and innovation.”
Implications for UK Finance
While derivatives remain banned for retail, this opens regulated crypto access, potentially drawing $10 billion in inflows. BlackRock’s Jane Sloan noted: “UK crypto investors could exceed 4 million in a year.” Analysts see London reclaiming its fintech edge post-Brexit.
2025 Outlook: Innovation and Compliance
This policy could accelerate RWA tokenization and DeFi integration, positioning the UK as Europe’s crypto hub under evolving frameworks like MiCA.