21Shares demands clearer regulation in Europe
21Shares, a well-known issuer of crypto ETPs, rebels against the inconsistency of cryptocurrency regulation in Europe and calls for regulatory clarity.
21Shares of crypto ETP raises its voice and calls for clear regulation in Europe
According to what reported, it seems that 21Shares, one of the largest issuers of crypto exchange-traded products (ETPs) in the world, has decided to raise its voice.
In practice, 21Shares is urging the European Securities and Markets Authority (ESMA) to create clear regulation for crypto. Specifically, the ESMA should include cryptocurrencies in UCITS funds (Undertakings for Collective Investment in Transferable Securities).
The purpose of the crypto ETP issuer is precisely to unlock cryptocurrency…
