Crypto, Regulation & Supervision

EU fires warning shot at ‘forum shopping’ crypto firms

By Victor Smart
Michael Huertas: “Having attractive sandy beaches is not going to get them to the level of respectability they need.” Image via Pixabay

The EU is pushing through laws against cryptocurrency ‘forum shopping’ to ward off fast-growing risky crypto firms from gaining a foothold in the bloc.

The warning comes as crypto firms in offshore ‘challenger’ countries pick up business from collapsed industry leader FTX and under-fire Binance, which has haemorrhaged ...

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