News

Jinse Finance reported that the European Securities and Markets Authority (ESMA) is preparing to strengthen and centralize the supervision of the EU crypto asset market, further unifying the implementation of MiCA (Markets in Crypto-Assets Regulation). Regulatory agencies from multiple countries, including the French Financial Markets Authority (AMF), have called for clear provisions within the MiCA framework requiring that trading and execution activities (including local order books) must be located within the EU and subject to local supervision. This move by ESMA may mean prohibiting EU crypto platforms from sharing order books with non-EU and non-MiCA regulated exchanges, in order to ensure regulatory consistency.

Foresight News: According to Decrypt, asset management giant Franklin Templeton has announced the expansion of its proprietary Benji technology platform to the Canton Network, a private blockchain aimed at regulatory institutions. This move is intended to deepen its role in the rapidly evolving tokenized financial products market. The Benji platform supports real-time transfers of tokenized fund shares, protocol-level compliance enforcement, and allows assets to be settled in stablecoins or cash equivalents. The platform was initially deployed on public chains such as Stellar and Polygon, and this expansion marks a shift towards institutional-grade infrastructure.