Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto: The European Commission plans to expand ESMA oversight of MiCA crypto companies and trading venues, Ethereum’s Fusaka upgrade went live, and the SEC warned asset managers over leveraged ETFs.
The European Commission has proposed expanding the powers of the European Securities and Markets Authority (ESMA) over crypto and broader financial markets in a bid to narrow the competitive gap with the United States.
Published Thursday, the package would transfer “direct supervisory competences” for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading venues and central counterparties, to the ESMA and strengthen its coordination role in the asset management sector.
