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ECB backs EU plan to centralize crypto supervision under Paris-based ESMA watchdog: Reuters
The European Central Bank on Friday formally backed the European Commission's plan to centralize supervision of major EU financial market participants, including crypto asset service providers (CASPs), under the watchdog European Securities and Markets Authority (ESMA), according to Reuters. In its opinion published April 9, the ECB said it "fully supports" the Commission's proposals, calling them an ambitious step toward deeper integration of EU capital markets. The plan would move oversight of systemically important cross-border players, including large CASPs, trading venues, central counterparties, and central ... (full story)
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