) package. While under the legislation smaller companies will be licensed by national regulators, ESMA will be in charge of monitoring larger players in the “Wild West” sector, as some officials have described it. In a notice, the regulator detailed:
The coverage should encompass all major exchanges and crypto assets so that it provides a fair representation of the crypto market landscape. The report further notes that regulatory bodies around the world use transaction data to identify market abuses, find out who is on each side of a transaction, and look for risky build-ups of positions which could undermine the markets.
ESMA’s announcement emphasized the data should be available daily. The watchdog also wants to have access to order books where it will be able to see spreads and liquidity across exchanges and trading pairs, in both fiat and cryptocurrency. The contract for these services should not be worth more than €100,000 .the European Securities and Markets Authority as a leading cryptocurrency watchdog in the 27-strong bloc of nations with certain powers greater than those of national regulators.
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they're pushing crypto adoption because the inflation is so high lol
Yup
Why is everybodyy silent on thiss?
Great
Guys, we need to tell everyone about this!!! .
RagnarAllin
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🥲shit
Why is everybodyy silent on thiss?.