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White House backs Digital Asset Market Clarity Act, aims to end U.S. crypto rule stalemate

The administration formally endorsed the Digital Asset Market Clarity Act, signaling support for a federal market-structure framework that splits oversight between the SEC and CFTC and preempts state-by-state patchwork. The White House set a near-term deadline for industry consensus on remaining issues (including stablecoin rewards), targeting a Senate floor vote this spring to restore U.S. competitiveness versus MiCA-era Europe.

Source: FinanceFeeds


CFTC Chair Selig unveils “Future-Proof” plan to modernize crypto oversight and onshore derivatives

New CFTC Chair Mike Selig launched a sweeping “Future‑Proof” initiative to move beyond regulation-by-enforcement, harmonize supervision with the SEC via “Project Crypto,” and create a unified crypto asset taxonomy. The roadmap contemplates onshoring perpetuals, safe harbors for DeFi builders, and a fit‑for‑purpose category for leveraged spot trading—aimed at delivering the “minimum effective dose” of regulation without stifling innovation.

Source: FinanceFeeds


Germany removes licensing hurdle for non‑EU market makers to boost Eurex liquidity

Berlin’s Financial Centre Promotion Act eliminates the local-entity requirement for third‑country regulatory market makers, allowing global liquidity providers to quote on German exchanges without case‑by‑case exemptions. The reform is designed to sharpen Germany’s derivatives competitiveness, tighten spreads, and attract more cross‑border flow to Eurex amid intensifying post‑Brexit venue rivalry.

Source: FinanceFeeds


ESMA doubles down on digital supervision and data reform for 2026–2028

Europe’s markets regulator adopted a new Digital Strategy and refreshed its Data Strategy to streamline reporting, expand its data platform, and roll out MiCA supervisory tooling. The plan seeks to harmonize oversight across NCAs, cut duplicative requirements, and shift toward analytics‑driven surveillance—signaling tighter, more automated supervision of crypto, funds, and transaction data EU‑wide.

Source: FinanceFeeds


Binance now holds 65% of exchange stablecoin reserves as capital consolidates onshore

Stablecoin outflows have slowed sharply versus late‑2025, with investors parking cash‑like balances primarily on Binance, whose USDT/USDC reserves rose 31% year over year to $47.5B. CryptoQuant notes capital is “consolidating, not exiting”—a setup that could fuel risk rotation if reserves expand further or redeploy into higher‑beta assets.

Source: FinanceFeeds


eToro shares jump after Q4 beat as multi‑asset trading offsets crypto softness

eToro’s stock rose ~19% after adjusted EPS beat estimates, with equities, commodities and FX trading revenue up 43% year over year while crypto contribution lagged. January data show capital‑markets trades up 55% and average invested amount higher, underscoring the platform’s resilience as flows tilt toward regulated assets and away from volatile digital tokens.

Source: FinanceFeeds


Abu Dhabi sovereign wealth funds disclose >$1.1B in U.S. Bitcoin ETFs

New filings reveal Abu Dhabi’s ADIC and Mubadala have materially increased spot Bitcoin ETF holdings, positioning BTC as a “digital gold” component of national reserves. The ramp-up follows the 2025 drawdown, indicating sovereign buyers bought the dip and aligning with the UAE’s push to be a regulated global crypto hub via ADGM.

Source: FinanceFeeds


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Business — February 18, 2026 | Briefing24