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Crypto Conglomerates, DeFi Targets of EU Financial Stability Watchdog ESRB Concerns

by SuperiorInvest

With the new Markets in Crypto Assets (MiCA) regulation set to come into effect within the bloc in 2024, the European Systemic Risk Board (ESRB), chaired by EU central bank chief Christine Lagarde, warned of the risks of cryptocurrency lending in a report on Thursday. and staking and high leverage in digital asset markets.

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