Crypto Firm Wants Clear EU Rules for Investing

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>

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