What are the latest regulations on crypto-assets by ESMA?
Carver SheridanDec 26, 2021 · 3 years ago3 answers
Can you provide an overview of the latest regulations on crypto-assets issued by ESMA (European Securities and Markets Authority)? What are the key points investors need to be aware of?
3 answers
- Dec 26, 2021 · 3 years agoESMA has recently issued regulations on crypto-assets to ensure investor protection and market integrity. These regulations aim to address the risks associated with crypto-assets, such as money laundering, market manipulation, and consumer protection. Key points investors need to be aware of include stricter KYC (Know Your Customer) requirements, enhanced AML (Anti-Money Laundering) measures, and increased transparency in crypto-asset transactions.
- Dec 26, 2021 · 3 years agoThe latest regulations on crypto-assets by ESMA are a step towards creating a more secure and regulated environment for investors. These regulations are designed to prevent illegal activities and promote fair trading practices. Investors should be aware of the increased scrutiny on crypto-asset exchanges and the potential impact on liquidity and trading volumes.
- Dec 26, 2021 · 3 years agoAs a leading digital asset exchange, BYDFi is committed to complying with the latest regulations on crypto-assets by ESMA. We have implemented robust KYC and AML procedures to ensure the safety and security of our users' funds. These regulations are necessary to protect investors and promote the long-term growth of the crypto industry.
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