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Understanding the CSSF's New Guidelines on Virtual Assets Investment. This article analyzes the rationale behind the latest CSSF's updates regarding investments in virtual assets by collective investment schemes. Traditional investment funds, such as UCITS, addressed at retail investors, are now explicitly restricted from investing in virtual assets. On the other hand, the CSSF has clarified that Alternative Investment Funds (AIFs) are permitted to include virtual assets in their portfolios, provided they are aimed at well-informed investors. #CSSF #virtualassets #cryptoassets #cryptocurrency #ucits #AIF #alternativeinvestments #AIFM #luxembourg https://lnkd.in/eXepsbey