European Supervisory Authorities release factsheet on Markets in Crypto-Assets Regulation to help consumers against risks in crypto-asset investments
Banking & Finance
The European Supervisory Authorities (EBA, EIOPA, and ESMA, collectively ESAs) have issued an important warning to consumers about the risks associated with investing in crypto-assets. They emphasise that while crypto-assets represent innovative financial products that could improve the EU’s financial system, they also carry significant risks, and the legal protections available to consumers may be limited depending on the type of crypto-asset and the services involved.
To help consumers navigate this complex…