๐ Daily Crypto Market 3-Minute Brief
๐ฐ Today's News
๐ฅ Morpho Association Raises $175 Million in Funding
Morpho Association announced a significant funding round of $175 million, led by major crypto venture firms Paradigm, a16z Crypto, and Ribbit Capital, to build an open credit protocol.
โก MiCA Transition Period Ends: Unauthorized Crypto Firms Face EU Client Restrictions
Following the conclusion of the MiCA transition period, crypto companies without MiCA authorization can no longer legally serve EU clients, with compliance costs potentially reaching hundreds of thousands of Euros and penalties starting at โฌ5 million.