European Central Bank (ECB) expressed support for the financial regulation centralization reform plan promoted by the European Commission, which proposes to transfer the regulatory authority over cross-border financial institutions, including crypto asset service providers, from national regulators to the European Securities and Markets Authority (ESMA). The plan aims to integrate EU capital markets and enhance competitiveness, but the European Central Bank also emphasized the need to provide sufficient personnel and funding for ESMA, and to minimize market disruptions during the regulatory transition. (Reuters)