EU plans to hand over crypto oversight from national regulators → ESMA 🇪🇺. The goal: unify rules under MiCA, cut duplicated infrastructure, and make the financial system more efficient + competitive. Some countries like Luxembourg, Malta & Ireland worry that centralization could weaken their crypto hubs 😬. Balancing efficiency with local influence is gonna be tricky. This move could reshape the EU crypto landscape, affect exchanges, custodians, and clearinghouses, and set a precedent for how other regions regulate digital assets ⚖️💻.
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new data (Henley & Partners + New World Wealth) → crypto millionaires up 40% YoY 🚀 now 241k ppl hold $1m+ in crypto, incl 36 actual billionaires. 60% got rich off BTC alone. total wealth: $3.3T (+45% vs last yr). bitcoin millionaires specifically? up 70% 👀
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last night the SBF twitter acct just dropped a single “gm” 😂 turns out it was a friend posting, not Sam himself (he’s still behind bars). still, that tiny post sent FTT flying +50% and trading volume 6x. shows how fragile + meme-driven this market still is 🤯
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