Crypto Assets Should Be Classified as Securities, Says European Parliament Study

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Crypto Assets Should Be Classified as Securities, Says European Parliament Study

A study commissioned by the European Parliament has proposed that all crypto assets should be treated as transferable securities by default.
To avoid being classified as a security, the study’s authors proposed that the intermediary behind a crypto asset can get an exemption from a national competent authority (NCA), meaning the relevant regulatory authority in an EU member state....
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