11-01-2022, 12:56 PM
Attention to all so-called "crypto influencers": profiting from shilling crypto asse
<!-- SC_OFF --><div class="md"><h1>Proposal for a Regulation of the European Parliament and of the Council on Markets in Crypto-assets, and amending Directive (EU) 2019/1937 (MiCA) - Letter to the Chair of the European Parliament Committee on Economic and Monetary Affairs</h1> <p><strong>Article 80: Prohibition of market manipulation (page 238 - 240)</strong></p> <p><em>The following behaviour shall, inter alia, be considered as market manipulation:</em></p> <p>"Taking advantage of occasional or regular access to the traditional or electronic media by voicing an opinion about a crypto-asset, while having previously taken positions on that crypto-asset, and profiting subsequently from the impact of the opinions voiced on the price of that crypto-asset, without having simultaneously disclosed that conflict of interest to the public in a proper and effective way". </p> <p>SOURCE: <a href="https://data.consilium.europa.eu/doc/document/ST-13198-2022-INIT/en/pdf">https://data.consilium.europa.eu/doc/document/ST-13198-2022-INIT/en/pdf</a></p> <p>Some of those who are bringing this to the attention of the general public: ZachXBT and Patrick Hansen. </p> <p>As the EU tends to set international standards through the "Brussels Effect", lawmakers in Washington DC may follow suit.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/BelgianPolitics"> /u/BelgianPolitics </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yj3ytm/attention_to_all_socalled_crypto_influencers/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yj3ytm/attention_to_all_socalled_crypto_influencers/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><h1>Proposal for a Regulation of the European Parliament and of the Council on Markets in Crypto-assets, and amending Directive (EU) 2019/1937 (MiCA) - Letter to the Chair of the European Parliament Committee on Economic and Monetary Affairs</h1> <p><strong>Article 80: Prohibition of market manipulation (page 238 - 240)</strong></p> <p><em>The following behaviour shall, inter alia, be considered as market manipulation:</em></p> <p>"Taking advantage of occasional or regular access to the traditional or electronic media by voicing an opinion about a crypto-asset, while having previously taken positions on that crypto-asset, and profiting subsequently from the impact of the opinions voiced on the price of that crypto-asset, without having simultaneously disclosed that conflict of interest to the public in a proper and effective way". </p> <p>SOURCE: <a href="https://data.consilium.europa.eu/doc/document/ST-13198-2022-INIT/en/pdf">https://data.consilium.europa.eu/doc/document/ST-13198-2022-INIT/en/pdf</a></p> <p>Some of those who are bringing this to the attention of the general public: ZachXBT and Patrick Hansen. </p> <p>As the EU tends to set international standards through the "Brussels Effect", lawmakers in Washington DC may follow suit.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/BelgianPolitics"> /u/BelgianPolitics </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yj3ytm/attention_to_all_socalled_crypto_influencers/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yj3ytm/attention_to_all_socalled_crypto_influencers/">[comments]</a></span>