New Thoughts on EU Regarding Cryptos
May, 2024

New Thoughts on EU Regarding Cryptos

European Union is the next financial market that could interesting for cryptos and the investing community is becoming more and more eager to see it.


At this moment, the respective EU SEC (or ESMA for better reference) talks with industry experts around the field to find out if the UCITS section for investment products that could be inserted for new products around cryptos.


If something like that happens, then cryptos would gain a fair share in the market, that stands around at $12 trillion while they would enter in portfolios that currently seems unreachable.


UCITS products are special products that are considered European products and can be bought without any taxation from European investors. The non-taxation clause is the largest motive for investors to prefer European investments instead of foreign ones.


We wait to see the same thing for cryptos……


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