mlawson71 Posted January 11, 2020 Report Share Posted January 11, 2020 The European Securities and Markets Authority (ESMA) announced that it is planning to regulate the cryptocurrency markets in the European Union due to concerns about data security. According to ESMA’s plans for the 2020 – 2022 period ESMA will “require EU market participants to acknowledge the risks that may stem from digitalization by ensuring business continuity and the use of adequate and up-to-date technology, as well as adequate protection against cyber threats, and through proper data protection and data quality management”. Personally, I think this may actually be a good thing. A proper regulation of cryptocurrencies and their trade instead of an outright ban would lead to them becoming part of the mainstream and that more people will have a ready and easy access to them. Link to comment Share on other sites More sharing options...
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