EU Seeks to Transfer Crypto Oversight to Bloc's Securities and Markets Authority

The European Union is actively pursuing the transfer of regulatory oversight for cryptocurrency and related digital assets to the bloc's centralized authority responsible for overseeing securities and financial markets. This move aims to enhance governance and regulatory consistency across member states while ensuring the safety and security of investors in the rapidly evolving digital financial landscape. By consolidating the oversight of crypto assets within this established authority, the EU hopes to better address emerging challenges and risks associated with cryptocurrencies, fostering a more secure and orderly market environment. source: https://www.coindesk.com/policy/2025/12/05/eu-seeks-to-transfer-crypto-oversight-to-bloc-s-securities-and-markets-authority