SEBI recommends that showbiz stars and athletes, public and political figures refrain from supporting projects related to the digital asset industry. The Indian regulator explains that Cryptocurrency products in the local market are not regulated, and some may even violate existing laws:
Christian Borel is confident that regulation will encourage further adoption of cryptocurrencies because investors and companies will feel protected by the law.
Amid growing investor interest in cryptocurrency derivatives, the SIX Swiss Exchange has seen an increase in trading activity over the past two years. However, according to the exchange’s report, the February turnover with cryptocurrencies as the underlying asset did not exceed CHF 296.4 million.
Swiss SEBA Bank was able to achieve a license to operate in the global market of the UAE’s capital emirate, Abu Dhabi (ADGM).