Crypto derivatives under MIFID II Regulation

Crypto derivatives under MIFID II Regulation

The authorities in France claim that the cryptocurrency derivatives have to be categorized under the European Union’s MIFID II derivatives regulation. The Autorite des Marches Financiers (AMF) stated, “A derivative with underlying cryptocurrency and unwinding by cash settlement is analyzed as a financial contract. The regulations applicable to the offering of financial instruments in France apply to derivatives on cryptocurrencies.”

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