CryptoNeutralBlockonomi · 4h ago7/10
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Europe Moves to Place Crypto-Asset Providers Under Centralized EU Supervision Through ESMA
The European Central Bank has endorsed the EU Commission's proposal to consolidate crypto-asset supervision under ESMA, centralizing oversight currently fragmented across national regulators. The ECB cautioned that ESMA requires adequate staffing and funding before assuming these expanded responsibilities, with the proposal now advancing through EU governmental review.