, which requires financiers to be clear and to avoid conflicts of interest. But cryptocurrencies like bitcoin don't count as they don't have an issuer.
Even if those rules don’t apply, there are still existing requirements on crypto companies to apply anti-money laundering procedures, the guidance said. A new EU law known as the Markets in Crypto Assets regulation is also due to take effect in the coming years – and will require new crypto offerings to produce a white paper, comparable to a stock prospectus.
Belgian rules passed in 2014 make it unlawful for professionals to distribute financial products based on crypto to
FSMA_info jackschickler Ethereum literally has an issuer who accepted money for premined ether tokens. Wtf are they talking about.
FSMA_info jackschickler This should say BTC & LTC, eth is done in the coming years! Pre mined, centralized, PoS (proof of shit) trash
FSMA_info jackschickler Premine eth is a scam
FSMA_info jackschickler FSMA_info i get you. All digital assets from now an should be launched with a disguised identity and after that people should walk away, + all coins should be proof of work ( rip planet)
FSMA_info jackschickler So, does that make bitcoin and eth a currency? That would be something. Like, a big step forward.
FSMA_info jackschickler Toss KaspaCurrency KAS in that basket too
FSMA_info jackschickler What? ETH has an issuer. It was 70% pre-mined and pretty much fully owned/ruled by a few insiders, plus it lives on Infura/Consensys. Can't get much more 'Security' than that.
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