Malta opposes the EU's push to centralize regulatory authority over large crypto institutions to the European Securities and Markets Authority

ME News message, on April 1 (UTC+8), the European Union is pushing to consolidate regulatory authority over large crypto institutions into the European Securities and Markets Authority (ESMA), and Malta has publicly opposed it. If the relevant proposal is advanced by the EU Council and Parliament this summer, Malta may have to hand over its direct supervisory authority over top crypto institutions to ESMA. (Source: Foresight News)

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