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MiCA tackles crypto but leaves the derivatives market dangerously unregulated
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MiCA tackles crypto but leaves the derivatives market dangerously unregulated

Europe's MiCA regulation was never designed to cover the crypto derivatives market, a gap that Patrick Gruhn, founder and CEO of Perpetuals.com, warns could pose serious risks. Offshore crypto derivatives platforms remain beyond the reach of EU regulators, creating a significant legal loophole. Gruhn argues this unregulated window exposes European investors and markets to systemic financial dangers.

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