EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers

Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed. EU Supervisory Authorities Warn About the Danger of Investing in Crypto Assets Three European Supervisory Authorities (ESAs) issued a joint statement warning … Read more

Europe’s Regulatory Head Seeks Further Control of Crypto Assets

Steven Maijoor, who chairs the European Securities and Markets Authority (ESMA), has shown support for further regulation of crypto assets. Maijoor said he would like to see financial instrument regulation applied to cryptocurrencies in line with Europe’s securities laws, ostensibly to “help protect investors.” Also read: Cryptopia Lost Almost a Tenth of its Assets in … Read more