21Shares, a big name in crypto investments, is pushing for clearer rules in Europe so people can invest in crypto more easily.
The Problem:
- Currently, different European countries have different rules about crypto investments.
- This makes it confusing for investors and could leave them vulnerable.
- Some countries allow crypto investments, while others don’t.
21Shares’ Solution:
- They want the European Securities and Markets Authority (ESMA) to create clear rules for crypto investments across the entire European Union.
- This would be similar to how things work in Hong Kong and the United States, where crypto funds are already allowed.
What They Say:
- 21Shares says the current situation is holding back investors and making it hard for them to diversify their portfolios.
- They believe clear rules would help make crypto investments safer and more accessible.
- They also think it would make Europe a leader in financial innovation.
In short, 21Shares wants to make it easier for people in Europe to invest in crypto, and they think clear rules are the key. /p>
