Crypto Exchanges Brace For EU Power Shift Toward Central Regulation

The European Commission is set to introduce a new regulatory framework aimed at centralizing oversight of crypto and major market infrastructures, which has ignited significant discussions across Europe. This proposed package could empower a Paris-based regulator to oversee stock exchanges, crypto platforms, and clearing houses, marking a pivotal shift in how these markets are managed. This matters because it could enhance market stability and investor protection, but also raises concerns about the implications for innovation and competition in the crypto space.