EU central bank backs plan for crypto supervision under EU markets watchdog

By Cointelegraph by Jesse Coghlan

EU central bank backs plan for crypto supervision under EU markets watchdog

The European Central Bank (ECB) has endorsed a proposal to shift regulatory oversight of cryptocurrencies from individual EU member states to the EU's markets regulator. This move aims to establish centralized supervision under a unified authority. It marks progress toward harmonized crypto regulation across the European Union.

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