EU Needs a Common Approach to Crypto-Assets: EU Financial Commissioner

The European Union may soon develop a regulatory framework for cryptocurrencies. At a confirmation hearing for his reappointment, Valdis Dombrovkis, the European Union’s financial commissioner, said that he intended to propose new legislation for cryptocurrencies. “Europe needs a common approach on crypto-assets such as Libra,” he said. Dombrovkis, who is the former Prime Minister of Latvia, made those remarks while discussing the use of financial … Continue reading EU Needs a Common Approach to Crypto-Assets: EU Financial Commissioner

Europe’s Biggest ETF Trader Is Turning Market Marker For Crypto

Europe’s biggest prop trading shop for exchange-traded products is getting into cryptocurrencies. Netherlands-based Flow Traders N.V. is taking on the role of market-maker for exchange-traded notes based on bitcoin and ether, according to Bloomberg. It has “dramatically increased” trading of notes issued by XBT Provider, a Stockholm-based provider of exchange-traded products for cryptocurrencies, in the last few months. Flow Traders’ enthusiasm for crypto-based exchange-traded products … Continue reading Europe’s Biggest ETF Trader Is Turning Market Marker For Crypto