The European Commission wants to get rid of fragmentation from differing supervisory approaches in member states.
The European Securities and Markets Authority is preparing to take greater, more centralized control of crypto regulation across the 27-country trading block, according to reports.
The Commission is planning a proposal for December that would centralize supervision of crypto firms under a single regulatory agency in Europe.
"This crypto-friendly stance has the potential to accelerate crypto adoption, including by institutional investors," an ESMA spokesperson said.
To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets.
The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework.
Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA's standards, including the use of Digital Token Identifiers.
The European Securities and Markets Authority released an opinion report to aid firms that may do business with overseas firms in order to prevent them breaching the rules on Wednesday.
If approved, the EU’s UCITS funds would make way for crypto assets to gain exposure to a 12 trillion euro investment product market.
Maximum Extractable Value (MEV), in which crypto miners reorder transactions they validate for profit, is not inherently bad, some policy experts point out.
The European Securities and Markets Authority on Monday published a final report on measures along with its third consultation package for further rules and guidance.