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EU securities watchdog warns investors over crypto market protections

From channelnewsasia.com

Investors will not be protected under European Union cryptoasset market rules until at least the end of 2024, and even then they should still be ready to lose all their money, the bloc's securities watchdog said on Tuesday. The EU was the first jurisdiction in the world to approve a comprehensive set of rules to regulate markets for cryptoassets like bitcoin, which entered into force in June but won't be fully applied until December 2024. Regulating crypto has become more urgent for regulators after the collapse of crypto exchange FTX and with huge volatility in bitcoin prices. Cryptoassets are currently unregulated ... (full story)

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  • Category: Fundamental Analysis