Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Today in crypto, the European Union's securities watchdog turns to crypto custody risks, while Starkware's Eli Ben-Sasson suggested Bitcoin's 21 million fixed supply cap should be lifted. Plus, Dune data showed Tether’s USDT has cemented its lead in blockchain payments while Circle’s USDC dominates DeFi.
The European Securities and Markets Authority (ESMA), a key EU regulator supporting the implementation of the Markets in Crypto-Assets (MiCA) framework, is launching a dedicated process for reviewing crypto custody providers.
ESMA plans to conduct a common supervisory action (CSA) focused on the operational resilience of crypto-asset service providers (CASPs), with a specific emphasis on custody services,& according& to an official announcement on Wednesday.
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