Coinspeaker
Shorthanded EU Struggles in Crypto Regulation Risk Falling behind Global Standards
Establishing a robust regulatory framework for cryptocurrencies remains a significant objective for the European Union (EU). However, the European Securities and Markets Authority (ESMA) confronts a substantial impediment due to resource constraints. As a result, the EU risks falling behind other markets in embracing cryptocurrencies and blockchain technology.
Overseeing Europe’s complex financial landscape is a primary endeavor for ESMA, the Union’s premier regulatory authority. Verena Ross, the esteemed chairperson, acknowledges this challenge, highlighting the several additional responsibilities and warrants assigned to the agency in recent years.
“Resources is an issue for ESMA generally because we have had a large number of additional responsibilities and mandates given to us over the last few years, and not always necessarily with a lot of addi
We współpracy z: https://www.coinspeaker.com/eu-struggles-crypto-regulation/
