🚨EUROPE PREPARES ITS "CRYPTO SEC."
The European Commission wants ESMA to take full control over all licenses and supervision of cryptocurrencies in the EU.
This could change the entire market:
• One supervisory body for each CASP
• Slower approvals if ESMA is overwhelmed
• Risk of driving startups out of Europe
• Stronger institutional framework, but at a cost
This is the largest regulatory shift since MiCA
… and it could determine whether Europe becomes a crypto hub or the slowest market in the industry.$BNB $ETH $BTC

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