The European Commission is reportedly planning to enhance the oversight of key financial infrastructures in the region, including stock exchanges, cryptocurrency platforms, and clearing houses. This initiative aims to reduce market fragmentation and enhance the global competitiveness of the European Union.
According to the proposal, the European Securities and Markets Authority (ESMA) will be granted additional powers similar to those of the U.S. Securities and Exchange Commission (SEC), directly overseeing large cross-border organizations such as digital asset service providers and post-trade systems. This centralized mechanism is seen as an important step towards completing the EU Capital Markets Union, increasing transparency, protecting investors, and providing a more consistent response to financial risks within the bloc.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
