Don’s Let the ESMA Ruin Your Holidays, Just Get Prepared

[kreslik.news]

Well, here we are: its almost 2018 and winter has come (pun intended). The ESMA plays the role of House Stark and is trying to ruin the relatively benign year for brokerages that didn’t play the crypto roulette.

Remember that the consultation period is still open and brokers and some of their clients have time to submit their feedback and prevent the harsh margin requirements mulled by the EU’s supra-national watchdog.


As the European regulators are debating whether to enforce a leverage cap at 1:30, remember that the industry has been here before. Granted, not in Europe, ... (read more)