Share this article
EU Regulators Warn Again on Crypto Investment Risks
The European Supervisory Authorities said some cryptocurrencies are "highly risky and speculative" in a new report.
Updated Sep 14, 2021, 12:28āÆp.m. Published Mar 17, 2021, 2:41āÆp.m.
European Union regulators have repeated warnings about the risks for cryptocurrency investors.
STORY CONTINUES BELOW
- In the European Securities and Markets Authority's (ESMA) "Trends, Risks and Vulnerabilities Report," published Wednesday, the three bodies that make up the European Supervisory Authorities (ESAs) said some cryptocurrencies are "highly risky and speculative."
- There's a risk investors could lose "all their money" in the largely unregulatedĀ market, they said.
- The ESMA report cited "significant risks" presented by the recent all-time highs of bitcoin and other crypto assets.
- The ESAs pointed to the "continued relevance" of their previous warnings.
- More generally, global stablecoins remain under regulatory scrutiny even if there is positive sentiment around central bank digital currencies, the report said.
- It also highlighted the large energy consumption of proof-of-work mechanisms like bitcoin's, and the importance of incentivizing less resource-intensive blockchain mechanisms such as proof-of-authority.
See also: European Commission, ECB Unite to Consider Potential Pitfalls of the Digital Euro
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
CFTC Launches Digital Assets Pilot Allowing Bitcoin, Ether and USDC as Collateral
Acting Chair Caroline Pham has unveiled a first-of-its-kind U.S. program to permit tokenized collateral in derivatives markets, citing "clear guardrails" for firms.
What to know:
- The CFTC has launched a pilot program allowing BTC, ETH and USDC to be used as collateral in U.S. derivatives markets.
- The program is aimed at approved futures commission merchants and includes strict custody, reporting and oversight requirements.
- The agency also issued updated guidance for tokenized assets and withdrew outdated restrictions following the GENIUS Act.
Top Stories
