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Crypto Briefing 2019-06-18 16:44:23

LMAX Founder: Crypto Exchange Bitcoin Leverage Trading Breaks EU Law

The head of a major institutional crypto exchange has said many of its retail-focused competitors are acting illegally by offering leverage trading services at levels that exceed those set by the bloc’s financial regulator. David Mercer, CEO of LMAX Exchange Group, called for a major overhaul in how crypto CFDs – contracts for difference – […]The post LMAX Founder: Crypto Exchange Bitcoin Leverage Trading Breaks EU Law appeared first on Crypto Briefing.

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