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EU to grant ESMA centralized authority over crypto

The European Commission is reportedly drafting new rules that would grant ESMA greater supervision over cryptocurrency companies, instead of leaving it up to local regulators. Summary EU lawmakers are reportedly drafting reforms to give ESMA direct oversight of crypto firms, shifting authority away from national regulators. The proposal has sparked backlash from smaller EU states…

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Net inflows surge to weekly record at $5.95b

CoinShares recorded a net inflow of $5.95 billion in digital asset investment products, marking the largest net weekly inflow in history. Bitcoin and Solana also broke records with their inflows. Summary Digital asset products saw record inflows of $5.95 billion, reversing last week’s outflows and pushing assets under management to a new high. The U.S…

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