ESMA Warns Crypto’s Expanding Financial Links Could Magnify Europe’s Next Market Shock

3 hours ago 1

Rommie Analytics

Key Takeaways:

Nearly €2 trillion of market value has been stripped from crypto losses since their October highs per ESMA.
The convergence of crypto and traditional finance could lead to more market contagion.
On-chain risks are increasing and tokenization and DeFi are growing.

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