Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

EU Risk Board Seeks Limit on Leverage Bets on Crypto Assets European Systemic Risk Board says authorities should curb leveraged bets on crypto assets by introducing limits for investment funds, exchanges, and other firms to stop shocks in that industry from jeopardizing financial stability elsewhere. It was one of several recommendations made by the European Systemic Risk Board, which ranged from demanding regular reports from all companies involved with crypto assets to introducing specific rules for the largest firms in that space. It follows a tumultuous 18 months for that industry, during which the price of bitcoin dropped as much…

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