The European Securities and Markets Authority (ESMA), the financial markets regulator and supervisor in the European Union, issued a notice reminding entities to assess investment vehicles that offer leverage exposure with cryptocurrency. The derivatives products, such as those marketed as “perpetual futures or perpetual contracts” tied to cryptocurrencies such Bitcoin (BTC) or Ether’s (ETH), were likely within the scope of …
Read More »ESMA warns crypto perpetual derivatives likely fall under CFD rules
