As a whole, crypto fared far worse than equities in the week following the CPI data release. The CoinDesk Market Index (CMI), a cap-weighted index of 148 of the largest cryptocurrencies, slid 13.5% during those seven days. Here, too, we find variances based on sector. The CoinDesk Smart Contract Platform Index (SMT) – which includes the likes of ether (ETH), Cardano’s ADA, and Solana’s SOL – tumbled 19.8%. To be sure, a sizable portion was due to ether’s post-Merge drop and not just because of general market conditions, though other assets in the index fell due to the sell-off as well.
Many Crypto Entities May Not Know the Correct Deadline for Sustinability Disclosures Under MiCA: Risk Analyst
However, issuers of asset-referenced tokens (ARTs) and electronic money tokens (EMTs) are required to make sustainability disclosures from June 30,...