EU Watchdog Advises Wider Regulation Despite ‘Risk of Legitimizing Crypto-Assets’

EU Watchdog Advises Wider Regulation Despite ‘Risk of Legitimizing Crypto-Assets’

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The European Securities and Markets Authority published its advice to the different institutions of the European Union (Commission, Council, and Parliament) on initial coin offerings and cryptocurrency assets. While stating that the sector remained modest in size with no current risk in terms of financial stability, the ESMA voiced concern about perceived risks posed to

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