Cryptocurrency

Cryptocurrency

EU seeks stakeholder opinions on adding crypto to 12T euro investment market

Update 12:55 pm UTC: This article has been updated to include quotes from Nicolas Streschinsky.The European Union security watchdog, the European Securities and Markets Authority (ESMA), is seeking the opinion of experts on whether to add crypto to the 12 trillion euro ($12.8 trillion) investment product market.The ESMA asked industry experts for their views on whether Undertakings for Collective Investment in Transferable Securities (UCITS) — an investment product market valued at 12 trillion euros — can gain exposure to different asset classes such as structured or leveraged loans, catastrophe bonds, emission allowances, commodities,...
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