According to Cointelegraph, the European Commission's recent proposal to enhance the authority of the European Securities and Markets Authority (ESMA) is sparking debate over potential centralization within the European Union's licensing framework. The proposal, unveiled on Thursday, aims to grant ESMA direct supervisory control over key market infrastructures, including crypto-asset service providers (CASPs), trading venues, and central counterparties. The proposed expansion of ESMA's jurisdiction to include both supervision and licensing of European crypto and fintech firms has raised concerns about possible delays in the licensing process and the impact on startup growth. Faustine Fleuret, head of public affairs at decentralized lending protocol Morpho, expressed apprehension about ESMA's dual role in authorization and supervision, suggesting it could hinder the development of innovative firms. The proposal is currently under negotiation and requires approval from the European Parliament and the Council. If implemented, ESMA's oversight of EU capital markets would align more closely with the centralized model of the U.S. Securities and Exchange Commission, an idea initially suggested by European Central Bank President Christine Lagarde in 2023. The centralization of regulatory oversight aims to address disparities in national supervisory practices and licensing regimes across the EU. However, Elisenda Fabrega, general counsel at Brickken asset tokenization platform, warned that without sufficient resources, the mandate could become unmanageable, leading to delays or overly cautious assessments that might disproportionately affect smaller or innovative firms. The broader legislative package seeks to enhance wealth creation for EU citizens by making the bloc's capital markets more competitive with those of the United States. Currently, the U.S. stock market holds a value of approximately $62 trillion, accounting for 48% of the global equity market, while the EU's stock market is valued at around $11 trillion, representing 9% of the global share. The effectiveness of the proposed reform will largely depend on ESMA's operational capacity, independence, and its ability to cooperate with member states.

Analysts point toward three best altcoins to invest in with explosive potential: Avalanche (AVAX), Pepe (PEPE), and Tapzi (TAPZI). source: https://coindoo.com/best-altcoins-to-invest-in-during-crypto-crash-tapzi-to-lead-the-next-bull-run/

The first week of December closed with a noticeable revival in crypto venture capital activity, as major institutional investors re-engaged across several standout fundraising rounds. The shift follows months of quieter allocations, but this week’s data signals that capital is again flowing with confidence into key infrastructure projects, enterprise fintech, and new onchain financial primitives. source: https://www.ethnews.com/crypto-venture-funding-rebounds-as-institutional-backing-surges-again/

The rivalry between Base and Solana has taken on a new dimension with the introduction of the Base-Solana bridge. The latest episode goes back to September 2025, when Aerodrome’s co-founder Alex Cutler boasted at Basecamp that Base would “flip Solana,” attracting the attention of Solana’s famous defender, Mert Mumtaz, the CEO of Helius Labs. The […] source: https://www.cryptopolitan.com/solana-dismiss-base-bridge/

After years of experimenting with digital rails, company executives have begun outlining what looks like a multi-layer crypto strategy. source: https://coindoo.com/western-union-picks-solana-as-it-builds-token-wallet-and-settlement-network/

Bitcoin long-term holders lost interest in selling at $90,000, new research showed, as profitability of their BTC supply dried up. source: https://cointelegraph.com/news/bitcoin-profit-metric-eyes-2-year-lows-in-complete-reset-btc-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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七家协会的联合风险提示，不仅封杀了RWA的当下，更可能扼杀了国内资产代币化未来的无限想象。

稳定币交易量已逼近 Visa 和 PayPal，Web3 正在「隐形」进入日常生活，未来的 Layer 1 将不再是「世界计算机」，而是「世界数据库」，为数百万应用提供可信的共享数据源。

社会公众应增强风险意识，守护好自己的“钱袋子”，切勿参与虚拟货币相关活动，警惕承诺高收益的虚假宣传，拒绝点击境外交易平台的链接及二维码。

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Web3钱包未来将向五个重点方向发展，其中与AI Agent结合被认为最具潜力。

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