Icy temperatures plunged swathes of Europe into a second day of travel chaos on Tuesday, with weather-related accidents causing six deaths from the continent’s bitterest cold snap this winter so far. Five of those deaths since the mercury dropped on Monday were in France alone, while a woman died in Bosnia as heavy snow and rain sparked floods and power outages across the Balkans. Paris’s two airports, Roissy-Charles de Gaulle and Orly, were to cancel many flights early Wednesday to allow ground crews to clear snow from runways and de-ice planes. Forty percent of flights at Charles de Gaulle were to be scrapped, and 25 per cent at Orly. A person gathers snow following a short snow shower in Parliament Square, in London, Britain on January 6, 2026. —Reuters In Britain, the mercury plunged to -12.5C overnight Monday-Tuesday in Norfolk, eastern England, while temperatures below -10C across the Netherlands brought trains to a standstill on Tuesday morning. “Last night was the coldest night of the winter so far,” ...
As MiCA enters its implementation phase, uneven enforcement across the EU is reigniting debate over whether crypto supervision should move from national regulators to ESMA. Europe’s crypto regulatory framework is entering a new phase of scrutiny as policymakers weigh whether enforcement of the Markets in Crypto-Assets (MiCA) regulation should remain with national authorities or be centralized under the European Securities and Markets Authority (ESMA). MiCA, which came largely into force at the beginning of 2025, was designed to create a unified rulebook for crypto-asset service providers across the European Union. But as implementation progresses, disparities between member states are becoming harder to ignore. Some regulators have approved dozens of licenses, while others have issued only a handful, prompting concerns about inconsistent supervision and regulatory arbitrage. Read more
US stablecoin rules under the GENIUS Act are splitting global liquidity with Europe, creating regional markets and potentially leading to cross-border friction, a report says. The United States’ new approach to stablecoin regulation is reshaping global liquidity flows and driving a sharp structural split with the European Union’s Markets in Crypto-Assets (MiCA) regime, effectively creating separate US and EU stablecoin liquidity pools, according to a new report from blockchain security auditor CertiK. The report finds that the US digital asset market entered a new phase of regulatory clarity in 2025, with federal legislation and administrative reforms now broadly aligned around how digital assets are issued, traded and custodied. At the center of that shift is the GENIUS Act, signed into law by US President Donald Trump in July, which establishes the first federal framework for payment stablecoins. The law imposes strict reserve requirements, bans yield-bearing stablecoins, and formally integrates stablecoin ...