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ESMA proposes overhaul to strengthen and simplify EU crypto rules

Original: ESMA proposes changes to strengthen and simplify EU crypto rules

The European Securities and Markets Authority has put forward proposed changes aimed at strengthening and simplifying the European Union's crypto asset rules. The proposals seek to streamline the regulatory framework governing crypto markets in the bloc, though details of the specific measures and reactions from industry and member states were not immediately available.

Why now: Crypto firms and regulators are closely watching how the EU adapts its landmark crypto framework.

ESMAEuropean Union

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