In case of cross-border provision of investment services, firms have to comply with the measures that apply from the Member State in which they are authorised and also with the measures applicable in a Member State where the client is located.
14544 Thursday, 05 December 2019 03:45:18 Source：financefeeds
Canada’s Ontario Securities Commission (OSC) has recognized that Bitcoin is a legitimate market, trading in millions of dollars per day in a host of exchanges. For that very reason, it has reversed a prior decision and given a green light for a Bitcoin Fund IPO, which will offer participations to retail investors. With this simple action, Canadian officials have leapfrogged past the Securities and Exchange Commission in the United States, which has steadfastly resisted every Bitcoin ETF application to come along.
14313 Thursday, 05 December 2019 03:43:55 Source：leaprate