Europe Moves to Place Crypto-Asset Providers Under Centralized EU Supervision Through ESMA

TLDR: The ECB fully endorsed the EU Commission’s plan to transfer crypto-asset supervision to ESMA in Paris. Crypto-asset service providers would move from national regulators to a single EU-wide supervisory framework. The ECB warned that ESMA must be adequately staffed and funded before taking on expanded crypto oversight. The proposal now enters EU government and [...]

The post Europe Moves to Place Crypto-Asset Providers Under Centralized EU Supervision Through ESMA appeared first on Blockonomi.