Crypto regulation in Europe took a decisive step: crypto services from banks will remain under the supervision of the CNMV, and a stricter model under ESMA is being considered.
📊 More regulation, less ambiguity
In countries like Spain, the CNMV will actively supervise crypto services linked to banks.
Specialized crypto exchanges could end up under the single supervision of ESMA after 24 months.
The objective: to standardize rules and investor protection, just after MiCA.
This change is not incremental: it can reorganize market dynamics, compliance, and listing strategies.
📍 Implications for banks and exchanges
Crypto banks representing >50% of annual volume will have unified supervision.
This may reduce regulatory fragmentation, but could also create greater operational barriers.
For projects and creators: adapting will be key if they aspire to operate in Europe.
📌 What it means for the crypto market
More regulatory clarity → less uncertainty for institutional capital.
More demands → greater professionalization and operational costs.
Fewer cracks → fewer airy opportunities for arbitration/risk control.
🧩 Conclusion
Europe is entering a more mature phase of crypto supervision. It's no longer about 'allowing' or 'prohibiting'... but about controlling risks without stifling innovation.
👉 Do you think this regulatory shift will consolidate institutional investments or hinder crypto innovation in Europe? ⚖️
⚠️ Disclaimer: This content is for educational and informational purposes only. It does not constitute financial advice. Do your own research (DYOR).
