Shinhan Bank is in the process of selecting a company to test a bitcoin vault and wallet platforms. Subject to the regulator
LONDON: New European Union rules may be needed to better protect consumers from cryptoasset risks and stop diverging national regulations from creating unfair competition, the bloc’s banking watchdog said yesterday.
Regulators have warned investors since 2013 they could lose their shirts by investing in virtual currencies like Bitcoin and ether, or in initial coin offerings that raise money for companies in return for tokens.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
