EU securities watchdog to review crypto eligibility for UCITS | Bitcoin & Crypto Trading
EU securities watchdog to review crypto eligibility for UCITS investments
The European Securities and Markets Authority (ESMA) has initiated a review of the rules governing crypto asset investments by UCITS (Undertakings for Collective Investment in Transferable Securities) as part of a broader examination of the EU’s financial regulatory framework. The review comes in response to a request from the European Commission (EC) to ensure that UCITS rules keep pace with rapid market developments, including the burgeoning crypto sector.
