BTCC / BTCC Square / Global Cryptocurrency /
ECB Backs Centralized Crypto Oversight in Europe, Citing Systemic Risks

ECB Backs Centralized Crypto Oversight in Europe, Citing Systemic Risks

Global Cryptocurrency
Release Time:
2026-04-13 19:02:02
0
BTCCSquare news:

The European Central Bank has endorsed a radical shift in cryptoasset supervision, advocating for ESMA to replace national regulators in overseeing cross-border exchanges and service providers. This move—the most significant regulatory overhaul since MiCA—aims to address growing concerns about bank-crypto convergence risks.

Malta and other member states oppose the consolidation, signaling a contentious path ahead for the proposal. The ECB's stance reflects mounting institutional urgency to tame the volatile crypto markets while preserving financial stability.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users