Forums
Talk about anything you want!
Login to get your referral link.
eu plan to centralize crypto oversight under esma divides industry — TradingView News 🧠🔥 Critics fear it may hinder innovation and decision
centralizing oversight under ESMA creates regulatory clarity: potential to streamline compliance across EU markets, but risks stifling innovation and hindering growth in the crypto
The European Commission’s proposal to expand ESMA’s authority over crypto and capital markets has sparked debate in Europe. Critics fear it may hinder innovation and decision-making. ESMA could gain direct supervisory powers over crypto exchanges, similar to the SEC. This move is seen as potentially slowing down innovation, especially for fintech companies. Some experts advocate for balanced oversight by enhancing ESMA’s supervisory role over national regulators. Centralizing control and standards across EU member states could address key concerns around MiCA.
EU plan to centralize crypto oversight under ESMA divides industry — TradingView News
3
Voices
2
Replies