Live, rolling coverage of business, economics and financial markets as exchange-traded funds help biggest cryptocurrency rallyThe UK’s financial regulator has said it will allow the creation of cryptocurrency debt instruments on financial exchanges – but only for professional investors.The Financial Conduct Authority (FCA) said on Monday that it “will not object to requests from recognised investment exchanges to create a UK listed market segment for cryptoasset-backed exchange-traded notes (ETN)”.The FCA continues to remind people that cryptoassets are high risk and largely unregulated. Those who invest should be prepared to lose all their money. Continue reading...