🌍 EU Eyes Single Crypto Regulator to Unify Markets

European Commission proposes one central authority to replace 27 national regulators

ESMA to oversee major crypto-asset service providers, harmonize rules, and enforce compliance

Goal: reduce fragmentation, lower costs, boost innovation, and protect consumers across the EU

Potential benefits: single licensing, stronger investor safeguards, and a more competitive crypto ecosystem

Challenges: legislative approval, member state buy-in, and supervising a fast-evolving industry

If adopted, the EU could set global regulatory standards, similar to GDPR’s impact on data privacy

#EU #CryptoRegulation #ESMA #MiCA #DigitalFinance #Blockchain