The EU will expand regulation on stock and Crypto Assets exchanges.

[The EU will expand regulation of stock and crypto asset exchanges] The European Commission is developing plans to enhance central oversight of critical financial market infrastructure, targeting stock exchanges and crypto asset service providers. Under this plan, the powers of the European Securities and Markets Authority ( Esma ) will be expanded to cover “the most significant cross-border entities.” This move is part of the EU's “Capital Markets Union” initiative, aimed at eliminating regulatory fragmentation and enhancing the EU's competitiveness. The relevant proposal is expected to be presented in December as part of the “Market Integration Package.”