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Binance Coin (BNB) stood out among altcoins with a 1.4% fall and landed at $626.59. Solana (SOL) closed at $141.47 after a 0.7% shift. XRP fell 0.6% to $2.43. Meanwhile, Crypto.com Coin (CRO) also had a quiet day, hovering at $0.10.
In a broader context, Crypto.com Coin (CRO) spearheaded a rally in the crypto market, surging 31.3% over the past seven days.
Overall, the market reflected bearish sentiment, as multiple assets decreased in value.
The German Federal Financial Supervisory Authority (BaFin) has ordered Ethena GmbH to cease operations involving its USDe crypto token, citing serious deficiencies found during the approval process.
The Financial Conduct Authority (FCA) has issued a warning regarding Coinvestbase, a firm suspected of offering or promoting financial services in the United Kingdom without proper authorization.
HM Treasury has released a policy note detailing the draft 2025 order under the Financial Services and Markets Act.
The Dutch Authority for the Financial Markets (AFM) has announced the preparation of an annex for crypto-asset service providers (CASPs), supplementing the Guideline on the Wwft and Sanctions Act 1977.
The Comisión Nacional del Mercado de Valores (CNMV) has announced a new circular establishing reporting templates for crypto-asset service providers, detailing the required disclosures under the Markets in Crypto-Assets Regulation (MiCA).
The Commissione Nazionale per le Società e la Borsa (Consob) has announced the blackout of four new websites involved in the unauthorized offering of financial services or crypto-activities under the Markets in Crypto-Assets Regulation (MiCAR).
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