🔴 ESMA believes that the growth of the crypto market and its connection with traditional finance carry risks.
🔴 According to the head of the department, “safe crypto assets do not exist.”.
🔴 Possible tightening of regulation.
🔴 Crypto is now only 1% of the world’s assets, but its influence is growing rapidly
🔴 Among the threats: stablecoins, hacks, fraud and high-profile crashes.
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