ESMA warns crypto could pose risks to financial stability
The European Securities and Markets Authority is sounding a fresh caution at the potential risks crypto could pose to financial markets.
ESMA, the European Union’s securities watchdog, has once again touched on the issue of crypto regulation, warning that crypto-related risks could impact financial stability.
According to ESMA executive director Natasha Cazenave, this possibility has increased as the cryptocurrency industry records tremendous growth amid further integration with traditional finance.
Cazenave commented on the topic in an opening statement at the European Parliament’s Economic and Monetary Affairs Committee hearing on crypto-assets and financial stability on April 8, 2025.
But while ESMA…
