Anti-Financial Crime & Financial Crime Compliance
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Compliance, Crypto, EU, Tech

NEWS: Malta opposes push to centralize EU crypto supervision

By Elizabeth Howcroft

MALTA’S financial watchdog is opposed to a push by other countries to give the European Union’s securities regulator more powers to supervise crypto companies, a spokesperson said.

On Monday, France, Italy and Austria called for the Paris-based European Securities and Markets Authority (ESMA) to take over supervision of major crypto companies, citing concerns that different countries are applying the EU’s new crypto rules differently.

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