EU Regulator Considers Approving Bitcoin for UCITS Products

The EU securities regulator is reviewing whether to allow Bitcoin assets into its €12 trillion mutual fund market, potentially opening the door to major mainstream adoption.

May 9, 2024 - 20:30
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EU Regulator Considers Approving Bitcoin for UCITS Products

The European Securities and Markets Authority (ESMA), the EU's financial watchdog, is reviewing whether to allow Bitcoin into the region's €12 trillion mutual fund market.