The fun thing about EU FinReg is that misselling is still illegal, even if it’s on the blockchain. Crypto get ready to get wrecked by NCA’s, is what I’m saying
The fun thing about EU FinReg is that misselling is still illegal, even if it’s on the blockchain. Crypto get ready to get wrecked by NCA’s, is what I’m saying
Wut r nca?
NCA? This sounds fun
Ha. National Competent Authority - local regulator, basically
And they are escalating I believe MiFID II has another step end of September and next year furthermore. It is a catch all clause pretty much way wider than US fiduciary rule.
Ah the old fashioned boring people. Non-controlling account or non-current asset sounded a lot more fun and implosive.