European Regulator Says Crypto Assets Now a ‘Key Trend’ Driving Markets Amid EU Push for Digital Euro
European regulators have identified crypto assets as a significant trend reshaping financial markets, according to a new report from the European Securities and Markets Authority (ESMA).
The report emphasizes digital assets’ growing influence on traditional financial systems while highlighting the need for robust regulations to protect market stability and consumers.
Naming current market trends, ESMA notes,
“Crypto: Volatile crypto-asset valuations, driven by expectations of US deregulatory policy agenda; increasing interconnections to traditional financial markets.”
Officials at the European Central Bank (ECB) are currently calling for a digital euro but have ultimately faced delays and criticism.
In a recent speech,…
