Odaily Planet Daily reports that after discovering discrepancies in the implementation of cryptocurrency regulations across countries, financial regulators in France, Austria, and Italy are urging top EU regulators to directly oversee large cryptocurrency companies and tighten relevant rules. The EU's Markets in Crypto-Assets Directive (MiCA) will be implemented at the end of 2024, requiring cryptocurrency companies to obtain a license in at least one EU member state before they can provide services throughout the bloc. In a position paper released on Monday, the three countries' financial market regulators stated that this approach exposes "significant differences" in how companies are regulated, which could allow companies to exploit loopholes. They recommended transferring oversight of the industry's largest companies to the European Securities and Markets Authority (ESMA). They also stated that MiCA's early implementation showed limited regulatory convergence, making it difficult to ensure uniform EU standards. An ESMA spokesperson responded that they are working to ensure regulatory consistency and that, last year, they believed that areas for strengthening EU-level regulation should be reconsidered. Furthermore, the three regulators may take precautionary measures to mitigate risks and call for strengthened regulation of global platforms, cybersecurity, and token issuance. (Bloomberg)

MoonPay Inc. has acquired cryptocurrency payments startup Meso Network, moving toward building a global payments network supporting both crypto and fiat currencies, placing it in direct competition with Circle Internet Group Inc. and Visa Inc. Terms of the agreement were not disclosed. CEO Ivan Soto-Wright stated that the acquisition will improve support for the U.S. banking system and optimize the developer platform to facilitate product integration. Meso co-founders Ali Aghareza and Ben Mills, who previously worked at PayPal's Braintree division and Venmo, will serve as MoonPay's chief technology officer and senior vice president of product, respectively. People familiar with the matter revealed that MoonPay is in talks with investors for a new round of funding, with its valuation expected to increase from $3.4 billion in 2021. A spokesperson declined to comment. The Meso Network acquisition is reportedly MoonPay's fourth acquisition this year, following its previous acquisitions of Iron, Helio, and the unannounced Decent.xyz deal. (Bloomberg)

the total open interest amounted to $191418970476.92584, with BTC at $78.04 billion, ETH at $55.05 billion, XRP at $12.22 billion, LTC at $6.09 billion, ETC at $4.66 billion, DASH at $2.16 billion, IOTA at $1.58 billion, XMR at $1.51 billion, . The data is sourced from the quarterly and perpetual contracts on Bitget,dYdX,Deribit,CME,Hyperliquid,Binance,Coinbase,OKX,Bybit,Gate,HTX,Kraken,Crypto.com,Bitfinex,BitMEX. This report is for informational purposes only and does not constitute investment advice.

According to on-chain analyst Yu Jin, 5.355 million UNI tokens held by a whale are being transferred to centralized exchanges. Four days ago, these tokens were transferred to the 0xF436 address. Currently, 780,000 UNI (worth approximately $7.56 million) have been transferred to various centralized exchanges.

According to MyStonks data, at the close of US stocks, the Dow Jones Industrial Average rose 0.11% to 45,883 points, the S&P 500 rose 0.47% to 6,615 points, and the Nasdaq Composite rose 0.94% to 22,348 points. Crypto treasury companies mostly saw gains. BitMine Immersion Technologies (BMNR) closed down 3.59% at $53.11; Circle Internet (CRCL) rose 6.97% to $134.05; Tron (TRON) fell 16.30% to $3.01; Sol Strategies (HODL) fell 11.78% to $9.06; SharpLink Gaming (SBET) fell 5.14% to $16.79; ETHZilla (ETHZ) fell 7.06% to $2.37; Riot Platforms (RIOT) rose 4.97% to $16.68; Upexi (UPXI) fell 6.29% to $6.33; ALT 5 Sigma (ALTS) fell 6.22% to $3.92. It is reported that MyStonks is a decentralized RWA trading platform that has launched hundreds of RWA tokens, covering US stocks and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.