The Dutch financial regulator has said that crypto derivatives trading should be limited to wholesale markets. This was announced by Paul-Willem van Gerwen, head of capital markets supervision and transparency at the Netherlands Authority for Financial Markets (AFM).
This suggests that Dutch regulators want to ban access to options and futures based on digital assets for retail investors.
Regulators cite that the digital asset market is rather opaque and prone to manipulation and other criminal activity.
Van Gerwen also noted that similar restrictions have already been imposed by the U.K. Financial Conduct Authority in 2020.
Currently, the AFM has no authority over cryptocurrencies, but may get it once the EU Cryptocurrency Regulation Bill (MiCA) comes into force.