Supervisory Authority

Definition ∞ An official body or organization vested with the power to oversee, regulate, and enforce rules within a specific industry or market. These entities play a crucial role in maintaining market integrity, protecting consumers, and ensuring compliance with legal frameworks. Their pronouncements and actions significantly influence market participants.
Context ∞ Supervisory authority actions are frequently reported in the context of regulatory enforcement, policy development, and market oversight for digital assets. News coverage often details investigations, sanctions, or new guidelines issued by bodies like the SEC, FCA, or ESMA, impacting how crypto businesses operate and how assets are classified and traded.