European Systemic Risk Board Calls for Ban on Borrowed Funds in Cryptocurrency Trading

European Systemic Risk Board (ESRB) called on European authorities to ban the possibility of using borrowed funds for cryptocurrency trading. For this purpose the regulator proposes to set restrictions for investment funds, cryptocurrency exchanges and other organizations ...

OKX Plans to Establish Representative Office in France and Hire 100 Staff Members

They plan to open a representative office in the region And hire a staff of 100 people Krypto-exchange OKX has applied in France to become a digital asset service provider (DASP). The documents will be reviewed by the Autorité des Marchés Financiers and the Au ...

DAC8: Strengthening EU Regulations for the Digital Asset Sector

DAC8 will extend the directive's requirements to the entire digital asset sector Service providers within the Eurozone will be required to track transactor data This is how the EU intends to combat illegal activities and tax defaulters The EU Council ...