CFTC Clears Path for U.S. Crypto Revolution with Bitnomial’s Historic Launch
TLDR:
- EU’s new plan gives ESMA more power over crypto and financial markets.
- ESMA to oversee EU crypto firms, enhancing market regulation efficiency.
- New EU proposal centralizes crypto oversight, streamlining regulations.
- France, Italy support ESMA’s expanded role in regulating crypto markets.
- EU aims for unified crypto regulations, putting ESMA in charge.
The European Commission has proposed new measures that would transfer oversight of key financial market infrastructure to the European Securities and Markets Authority (ESMA). This includes expanding ESMA’s supervisory powers over crypto-asset service providers (CASPs), trading venues, and central counterparties. The move aims to make the European Union’s capital…
