ECB Backs Plan for ESMA to Take Over Crypto Supervision

The European Central Bank has supported the European Commission’s plan to bring the supervision of major crypto companies under the EU’s financial markets regulator.  The ECB said in an opinion published on Friday that it fully supports bringing oversight of systemically important cross-border capital market companies, such as large trading platforms and crypto companies, under…

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Tron’s Justin Sun slams Trump-backed WLFI for treating users as ‘personal ATM’ after $75 Million DeFi loan

Trump-linked World Liberty Financial has lost a key backer after its $75 Million DeFi loan tied up user liquidity, with Justin Sun publicly breaking and criticizing the project’s treatment of investors. “Every action taken by the WLFI team to extract fees from users and to treat the crypto community as a personal ATM is illegitimate,”…

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Super PAC tied to Tether makes first ad buy from firm founded by Tether’s U.S. CEO

The crypto sector’s new Fellowship political action committee disclosed its first contribution ahead of the 2026 congressional midterm elections, and the $300,000 it spent went to a company co-founded by President Donald Trump’s former crypto adviser, Bo Hines — now chief executive of Tether US. The Fellowship super PAC had advertised itself as a crypto…

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CFTC Chair Mike Selig argues for agency’s ‘exclusive regulatory authority’ in prediction markets fight: State of Crypto

Commodity Futures Trading Commission Chairman Mike Selig told CoinDesk that the agency will continue to defend its “exclusive regulatory authority” to oversee prediction markets in court. “It doesn’t matter if it’s on sports, politics or anything else, if it’s a validly offered product within a CFTC-regulated exchange, then we regulate that,” Selig said. You’re reading…

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