#eu-regulations

➤ Crypto stocks, including Coinbase and Circle, are experiencing significant declines, underperforming Big Tech due to falling digital asset prices and broader market sentiment. ➤ The European Union is advancing new crypto regulations, with lawmakers reviewing DeFi, NFTs, and staking, which could impact firms differently based on their licensing and client base. ➤ Securitize's planned public listing, focused on tokenized securities and real-world assets, faces scrutiny amidst a challenging market for crypto equities, testing investor appetite for regulated infrastructure.

➤ Merck and The Hashgraph Group have integrated Merck's M-Trust product authentication technology with Hashgraph's Hedera-based TrackTrace platform to create Digital Product Passports. ➤ This integration aims to help businesses comply with upcoming EU transparency and traceability regulations, such as the Ecodesign for Sustainable Products Regulation and the EU Deforestation Regulation. ➤ The solution combines physical product verification with blockchain-based traceability, with potential applications in food, pharmaceuticals, luxury goods, and electronics supply chains.

➤ The article compares the evolving crypto custody regulations in the US and EU, highlighting key differences in their approaches to asset segregation and licensing. ➤ The US has seen a regulatory pivot with the rescission of SAB 121 and clearer guidance from the OCC and FDIC, while the EU's MiCA framework establishes a unified, passportable license with on-chain segregation requirements. ➤ These regulatory shifts are opening up the institutional custody market, with major players like Anchorage, BitGo, Coinbase, BNY, and Fireblocks navigating distinct compliance landscapes.