ESMA questions tokenized collateral as US lets brokers post crypto

Crypto Insight Summary: Europe’s markets regulator wants proof that a tokenized government bond can be sold fast enough to cover a defaulting clearing member. The European Securities and Markets Authority (ESMA) requested for the evidence today, ten months after Washington began letting futures brokers post crypto assets as margin. What evidence is ESMA asking for? The European Securities... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulatory scrutiny on tokenized assets may slow adoption but won't halt market development.