in Cryptocurrency

World Federation of Exchanges Says Crypto Terminology Needs Clarity

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World Federation of Exchanges Says Crypto Terminology Needs ClarityWorld Federation of Exchanges Says Crypto Terminology Needs Clarity

Responding to crypto-related regulatory framework from the European Union, the World Federation of Exchanges, or WFE, called for clarity between digital asset and crypto asset classifications.

“We believe there could be value in adopting a single EU classification which covers both: digital-assets and also crypto assets, as a subcategory,” the WFE wrote in response to questions posed in a March 20 report.

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Source: Cryptocurrency - investing.com

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