EU Crypto Rules Kick In, US Prepares for Its Own Regulatory Preview
Crypto for advisors in Europe is facing new rules as the European Securities and Markets Authority (ESMA) has implemented stricter guidelines. The rules, which went into effect on January 30th, require investors to be aware of the risks associated with investing in crypto assets.
The ESMA regulations state that all investment firms must provide clear information about the nature and risks of these investments to their clients. This includes explaining how these assets can lose value rapidly, as well as potential losses due to market volatility.
CoinDesk spoke with a representative from Bullish (NYSE:BLSH), an institutionally focused global digital asset platform, who stated that they abide by 'a strict set of editorial policies' and 'adoptive principles aimed at ensuring the integrity, editorial independence, and freedom from bias of its publications.'