The Luxembourg Commission de Surveillance du Secteur Financier (CSSF) has released an update on the FAQ Virtual Assets – Undertakings for collective investment in relation to the UCIs investing directly or indirectly in virtual assets and has once again demonstrated its commitment to maintain a balanced and progressive regulatory environment. With its latest guidelines, the CSSF has drawn a clear line between the investment capabilities of Undertakings for Collective Investment in Transferable Securities (UCITS) and Alternative Investment Funds. Continue reading Between Innovation and Protection: CSSF’s Approach to Digital Asset Investments