
Regulation
Appeals court narrows agency jurisdiction over secondary token sales
The ruling is fact-specific and binding in one circuit only — but every defence team will now cite it.
By Lena Fischer · · 6 min read
Crypto news, on the record. — independent reporting since 2026
Europe Policy Reporter
Berlin, Germany · Writing for Loud & Proud Records since March 2026
Lena Fischer reports from Berlin on European financial supervision, covering national implementation of MiCA, the transfer-of-funds regime and central bank digital currency work.
She attends committee hearings, reads consultation responses in full and publishes the paragraph numbers she is quoting from.
Lena previously reported on EU competition policy for a Brussels wire service.
Contact: lena.fischer@loudandproudrecords.com

Regulation
The ruling is fact-specific and binding in one circuit only — but every defence team will now cite it.
By Lena Fischer · · 6 min read

Regulation
Supervisors in three jurisdictions report the same failure mode: transfers that satisfy local rules but arrive without usable originator data.
By Lena Fischer · · 5 min read