Too Big to Supervise at Home: EU Limits Direct ESMA Rule to Crypto Giants

CryptoCurrency – Finance Magnates | Financial and business news · 4h ago

EU member states have rejected plans to put every digital-asset firm under direct ESMA supervision, drawing a line that leaves most of them under their familiar national watchdogs. This is a substantial retreat from the European Commission’s original proposal , presented in December 2025, which implied that ESMA would supervise every authorised crypto provider. The Council instead wants national…

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Too Big to Supervise at Home: EU Limits Direct ESMA Rule to Crypto Giants

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