European Regulator Calls for Reduced Leverage in Crypto Trading
Discover the latest news in cryptocurrency trading as European regulators push for reduced leverage in crypto trading to minimize risk.
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Discover the latest news in cryptocurrency trading as European regulators push for reduced leverage in crypto trading to minimize risk.
The days of taking shortcuts around regulation and lax fiscal discipline need to come to an end if the industry is going to reach its full potential.
CryptoUK strongly disagrees with the Treasury Committee’s conclusion, and we are both concerned and disappointed by these claims which are unhelpful, false, fundamentally flawed and unsubstantiated. The statement fails to reflect the true nature, purpose and potential of the crypto industry.
The Treasury Department released its first ever illicit finance risk assessment on the vast ecosystem of decentralized finance, or defi, which the report said was rife with criminal activity.
Financial services regulators should treat cryptocurrency trading for what it is — another form of wagering, some experts say. But banks seeking to provide custody and many other services tied to digital assets would face even tighter restrictions under that approach.