๐ Global & Macro: France’s National Assembly Finance Committee passed amendment I-CF821, proposing mandatory declaration of self-custodied crypto assets exceeding โฌ100,000, with fines up to โฌ10,000 for non-compliance. The measure still requires full Assembly approval.
๐ฆ RWA & Institutional: RootData data shows Binance, Bitget, and OKX led TradFi asset trading volume over the past 24 hours, underscoring the accelerating convergence of traditional finance and crypto trading venues.
โก Crypto & Markets: RSR surged over 66% within 15 minutes, briefly breaking above 0.0028 USDT, marking a sharp short-term spike in the Reserve Rights token.
๐ก Key Takeaway: Regulatory scrutiny on self-custody intensifies in Europe while tokenized TradFi assets gain traction on major exchangesโsignaling both compliance pressure and institutional momentum.