EU States Propose Centralized ESMA Oversight Challenging MiCA Passporting Principle
        
        
        
        
          
        
        
      
        
    
        
        Inconsistent national MiCA licensing mandates an urgent re-evaluation of the EU's single market passporting model, necessitating a shift toward centralized ESMA supervision for systemic risk mitigation.
        
        European Commission Proposes ESMA Central Oversight for Critical Cross-Border Crypto Entities
        
        
        
        
          
        
        
      
        
    
        
        The Commission’s market integration plan centralizes supervision of critical CASPs under ESMA, demanding unified operational resilience standards.
        
        European Commission Drafts Plan to Centralize Critical Crypto Exchange Oversight
        
        
        
        
          
        
        
      
        
    
        
        Jurisdictional authority shifts to ESMA, mandating a unified, cross-border compliance architecture for systemic digital asset service providers.
        
        ESMA Gains Direct Authority over EU Crypto Exchanges Centralizing MiCA Enforcement
        
        
        
        
          
        
        
      
        
    
        
        The EU's shift to ESMA-led, centralized supervision mandates uniform, cross-border compliance frameworks for all Crypto-Asset Service Providers.
        
        ESMA Proposes Centralized MiCA Oversight Due to Fragmented National Licensing
        
        
        
        
          
        
        
      
        
    
        
        Decentralized MiCA authorization has created supervisory arbitrage, compelling ESMA to advocate for centralizing all CASP oversight to ensure single-market integrity.
        
        European Commission Proposes Centralized Crypto Oversight under ESMA
        
        
        
        
          
        
        
      
        
    
        
        The European Commission advances a reform to centralize digital asset supervision under ESMA, streamlining MiCA enforcement and mitigating jurisdictional arbitrage.
        
        France Challenges MiCA Passporting, Threatens Crypto Firm Access
        
        
        
        
          
        
        
      
        
    
        
        France's AMF signals potential unilateral action against MiCA passporting, raising critical questions about regulatory harmonization and arbitrage within the EU digital asset market.
        
        EU Centralizes Crypto Oversight under ESMA Authority
        
        
        
        
          
        
        
      
        
    
        
        The EU is consolidating fragmented cryptocurrency regulation under ESMA, demanding uniform compliance and reshaping market access for digital asset service providers.
