EU watchdog warns of high concentration in crypto markets, notes minimal euro usage

Mike Dalton

The European Securities and Markets Authority (ESMA) warned that crypto markets are highly concentrated on April 10. ESMA said concentration is a concern because a single asset or exchange failure could broadly impact the crypto ecosystem. According to the agency’s findings, market capitalizations and trading volumes are “significantly concentrated” in a small number of assets […]

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EU watchdog warns of high concentration in crypto markets, notes minimal euro usage