German Federal Financial Supervisory Authority conducts a market survey of cryptographic derivatives

According to Cointelegraph, the German Federal Financial Supervisory Authority (BaFin) launched a market survey of cryptographic derivatives, which included 19 questions in five subject sectors for all market participants, including investors and consumers. Protection associations, suppliers and distributors, as well as interest groups. Through this survey, BaFin intends to “build a detailed picture of the derivatives market based on cryptocurrency and its potential risks”. Odaily Planet Daily Note: According to the Financial Services Supervision Act, BaFin “is committed to protecting the interests of collective consumers” and, in this context, observes and analyzes “market conditions regarding possible consumer protection issues”.