ESMA Seeks Broader Powers to Enforce European Crypto Regulation

ESMA (European Securities and Markets Authority) has called for stronger powers to enforce European crypto regulation. This comes as the EU looks to establish a unified regulatory framework for cryptocurrencies.

According to Global Banking & Finance Review, ESMA wants more authority to oversee the crypto market and protect investors from potential risks. The regulator believes that a harmonized approach to crypto regulation is necessary to ensure investor protection and maintain financial stability in the region.