The European Securities and Markets Authority (ESMA) has initiated a call for evidence to explore the potential inclusion of new assets, including cryptocurrencies, in UCITS funds, which represent a major share of EU retail investments. UCITS, an acronym for Undertakings for Collective Investment in Transferable Securities, is a regulatory framework of the European Union that…
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Europe’s securities regulator is seeking input from stakeholders on the potential inclusion of crypto assets in a potentially massive market. The European Securities and Markets Authority (ESMA), the regulatory authority responsible for overseeing financial markets within the European Union, has recently initiated a comprehensive review of the regulations surrounding the Undertakings for Collective Investment in…
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The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator, has proposed stricter rules for crypto firms based outside the EU, limiting their ability to directly serve customers within the bloc to ensure fair competition. ESMA Proposes Stricter Rules for Non-EU Crypto Firms The European Securities and Markets Authority (ESMA), responsible for regulating…
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A survey conducted by Binance has found that a significant majority of Europeans are confident in the future prospects of the cryptocurrency industry. According to a survey published by Binance Square, approximately 73% of participants expressed optimism regarding the future of digital assets. The survey was conducted among 10,498 users in France, Italy, Spain, and…
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The European Securities and Markets Authority (ESMA) is actively preparing for the implementation of the Markets in Crypto-Assets (MiCA) regulation, marking a significant milestone in bringing comprehensive oversight to the digital asset space. As the ESMA prepares for the enforcement of the MiCA regulation, it has devised a comprehensive plan to address risks associated with…
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SBF’s former girlfriend admits to fraud during her time as CEO of Alameda Research. Last week, the FTX court saga had elements of a TV drama, with Sam “SBF” Bankman-Fried’s former business associate and girlfriend, Caroline Ellison, sharing some shocking stories about SBF’s rule over the company. Ellison admitted to fraud during her time as…
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Decentralized finance (defi) brings risks for investors but is yet to pose “meaningful risks” to financial stability, according to Europe’s securities watchdog. The agency believes, however, the phenomenon deserves attention in light of the EU’s new crypto rules as well as growing user base and has presented its assessment of the sector’s development. Defi Requires…
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The Autorité de Contrôle Prudentiel et de Résolution concluded its consultation on the regulation of DeFi. On Oct. 12, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), part of the French Central Bank, published a summary of its public consultation on a regulatory framework for decentralized finance (DeFi). The public consultation lasted two months,…
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The European Securities and Market Authority (ESMA) has released a report on the development of decentralized finance (DeFi) and the risk posed by growing adoption. In a report released on Oct 11, the 22-page document highlights the risks posed by a sector that holds much promise and reshaped finance in the region…. Read More: EU’s…
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The European Union financial markets regulator, the European Securities and Markets Authority (ESMA) has released a second consultation paper on the Markets in Crypto Asset (MiCA) regulation. The document released on Oct. 5 calls for stakeholders’ participation in various sectors of the crypto market toward a hitch-free implementation of MiCA in 2024…. Read More: EU’s…
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