Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

Flash
  • 11:18
    The European Union plans to centralize the regulation of cryptocurrency businesses within the region.
    Jinse Finance reported, citing Bloomberg, that the European Union's executive body plans to grant new powers to the European Securities and Markets Authority (ESMA), making it the direct regulator of all crypto asset service providers within the region and responsible for authorizing new businesses. The draft will be officially announced next month, and this move could overturn years of work by national regulators and companies in industry oversight. According to the EU's Markets in Crypto-Assets Regulation, crypto companies currently need to obtain authorization in at least one member state.
  • 11:12
    The European Union is considering granting new powers to regulators for direct oversight of cryptocurrency businesses.
    ChainCatcher news, according to Golden Ten Data, the European Union's executive body is pushing to grant new powers to market regulators to oversee all crypto businesses operating within the EU. This proposal would make the European Securities and Markets Authority the direct supervisor of all crypto asset service providers and responsible for authorizing new businesses. Currently, crypto companies must obtain authorization in at least one member state before offering services across the EU. This plan is part of the EU's efforts to centralize market regulation, although it has sparked controversy among some member states and companies.
  • 10:48
    The EU plans to promote unified regulation of all crypto businesses in the region by ESMA
    ChainCatcher news, according to Bloomberg, the European Commission intends to promote granting the European Securities and Markets Authority (ESMA) unified regulatory and authorization powers over all crypto asset service providers operating within the EU. The draft shows that ESMA may delegate tasks to national regulatory authorities when necessary. These draft plans must still be approved by the European Parliament and the Council of Member States. Currently, under the 2023 MiCA rules, crypto asset service providers only need to be approved in any one member state to operate throughout the EU.
News