“Opaque group structures may also render it difficult for clients of service providers to know which entity they are dealing with and its regulatory status,” ESMA said in a statement today, adding that some existing crypto companies “may lack a strong compliance culture … and their large scale and geographic scope allow them to maintain a high level of agility in terms of where they can operate, increasing the risk of conflicts of interest, regulatory arbitrage and an unlevel playing field.”
Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected
Before Trump’s presidency ended in January 2021, he granted clemency to 143 individuals – pardoning 73, including Ripple board member Ken...