X @Wu Blockchain

Regulatory Landscape - The European Commission is planning to expand central oversight of key financial infrastructures, including stock and crypto exchanges, and clearing houses [1] - The goal is to reduce market fragmentation and strengthen the EU's competitiveness [1] - The plan includes creating an SEC-like single supervisor [1] - ESMA is expected to gain broader authority over major cross-border entities, such as crypto asset service providers and post-trade institutions [1] Capital Markets Union - This move is a key step toward completing the EU's Capital Markets Union [1]