The Dutch regulator urged investors to refrain from trading in cryptocurrency derivatives
The head of capital markets oversight and transparency at the Netherlands Financial Markets Authority (AFM) has declared crypto assets unsuitable for investment. Paul-Willem van Gerwen stated that despite the growing market interest in cryptocurrency derivatives trading, AFM views such trading as risky. The regulator considers this market not mature enough compared to other derivatives markets. According to the head of the oversight department, due to the volatility of crypto products, a problem arises in which…
