EU regulator urges crypto firms to disclose regulatory status of products
ESMA reminded investment firms that crypto will remain unregulated in most jurisdictions despite the upcoming adoption of regulations. Go to Source Powered by WPeMatico
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Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’
Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchange’s physical address in the island nation is for mailing purposes only. Accountability Issues U.S.-based lawyer Jonathan Levy has accused Huobi cryptocurrency exchange of running a decentralized global operation … Read more
Spanish Ministry of Economy Proposes to Create a Financial Customer Ombudsman for Crypto-Related Matters
Crypto regulation in Spain remains on the political talks amid the current bull-run seen in the bitcoin prices. Now, the country’s Ministry of the Economy is about to create a new Financial Customer Ombudsman for crypto-related matters. Independent Financial Customer Body Will Abide by the MiCA Ruling Per La Información, Minister Nadia Calviño seeks to … Read more
EU to Launch Comprehensive Crypto Regulation by 2024: Report
The European Union is planning to implement comprehensive cryptocurrency regulation by 2024, two EU reports have reportedly revealed. This follows five European finance ministers calling on the European Commission to put in place “very strong and very clear rules” on cryptocurrency. EU Crypto Regulation Coming Soon A comprehensive cryptocurrency regulatory framework is expected to be … Read more
