EU’s Plan to Expand ESMA Powers Sparks Debate Over Crypto Innovation and Market Control
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A new European Commission plan to expand the powers of the European Securities and Markets Authority (ESMA) has stirred debate across the continent. The proposal aims to tighten regulatory consistency across crypto and financial markets. However, critics warn that the move could slow innovation and reduce agility within Europe’s growing fintech sector.
In brief
- The European Commission plans to give ESMA broader powers over crypto firms to ensure…
