EU Considers Centralized Regulatory Oversight for Crypto and Financial Markets
EU Considers Centralized Regulatory Oversight for Crypto and Financial Markets
The European Union is reportedly preparing a proposal to centralize the oversight of both crypto and traditional financial sectors under the European Securities and Markets Authority (ESMA). This initiative aims to bolster capital markets and improve the landscape for startups across the EU.
EU Explores SEC-Like Oversight for Crypto and Stock Exchanges
Reports indicate that the European Union is currently drafting a significant proposal that would transfer the regulatory authority for both the crypto and broader financial sectors to the European Securities and Markets Authority (ESMA). This strategic move is envisioned as a key component of a wider effort to enhance capital markets, specifically targeting the improvement of conditions for startups.