The Financial Conduct Authority (FCA) of the UK is all set to lift its ban on cryptocurrency exchange-traded notes (ETNs) for retail investors. The FCA had banned ETNs in January 2021, citing their volatility and complexity for retail investors. However, due to increasing warmth towards cryptocurrency globally, the UK does not want to be left behind.
For those unaware, an ETN is a debt security instrument offered by recognized entities. Its value is tied to an underlying asset, which, in the case of crypto, is a specific coin. As the price of the underlying asset increases, the price of the ETN will also rise, and vice versa. Notably, crypto ownership in the UK has increased from 18% in 2024 to 24% in 2025, surpassing that of the US. This growth necessitates a comprehensive regulatory design to manage the ownership and use of digital assets in the country.
Meanwhile, in the US, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act is expected to undergo a floor vote soon. The GENIUS Act aims to regulate various aspects of stablecoins, including permitted issuers, transparency, consumer protection, and oversight authority at federal and state levels. Overall, a friendlier regulatory environment could lead to a more thriving crypto market.
Bitcoin recently made an all-time high of $112K, and with positive legislative support, it might soon reach $150K. To capitalize on the crypto momentum, investors are encouraged to consider various altcoins.
1. Snorter Token ($SNORT) – Best Crypto to Buy Now, the Fastest and Most Affordable Trading Bot. Increased crypto adoption will directly impact the growth of meme coins, which are already among the most profitable niches in the crypto space. Snorter Token could see significant growth in the coming weeks as it is a Telegram-native trading bot designed to snatch the best meme coins as soon as they’re launched. It features robust security measures, including honeypot and rugpull detection, and offers the lowest trading fees at just 0.85% for holders of $SNORT. The presale has raised over $575K, with each token priced at $0.0947.
2. BTC Bull Token ($BTCBULL) – Best Bitcoin-Themed Meme Coin Offering Free $BTC Airdrops. BTC Bull Token will enable investors to benefit from Bitcoin’s upcoming bull run at a lower cost. Predictions suggest that $BTCBULL can reach $0.0096 by 2026, which is a 3.7x increase from its current price of $0.00255. Additionally, holders will receive free Bitcoin airdrops when Bitcoin reaches $150K and $200K for the first time. The project has secured nearly $7M in early investor funding.
3. KoKoK The Roach ($KOKOK) – Viral New Meme Coin with Massive Potential. Launched at the end of May, $KOKOK has risen over 310% since its inception, including a 28% gain in the last seven days. Currently trading at $0.1724, it has a market capitalization of $35M and a trading volume of $1.13M, up 110% in the past 24 hours. It is poised to potentially surpass its all-time high of around $0.20.
Despite the market's increasing bullish outlook due to pro-crypto regulatory reforms, it is crucial to conduct your own research before investing. The crypto market remains highly unpredictable and volatile, and our articles are purely informational, not financial advice.
