EU Securities Watchdog ESMA Targets Crypto-Asset Perpetual Futures as CFDs

The European Securities and Markets Authority (ESMA) has issued a formal warning to investment firms, clarifying that derivatives on crypto-assets marketed as “perpetual futures” are likely subject to the strict regulatory protections governing Contracts for Differences (CFDs). In a public statement released on February 24, 2026, the EU’s financial watchdog noted a sharp rise in […]...