EU targets pension growth and tighter crypto oversight
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The European Union(EU) has vowed to solve rising issues concerning pension investments and crypto trading with a deadline set for the end of the year. This action aims to boost the revival of Europe’s capital markets. Following their pledge, the international organization intends to enhance pension investment growth and loosen strict cryptocurrency regulations. These plans were made public after Maria Luis Albuquerque, a European Commissioner for Financial Stability, Financial Services, and the Capital Markets Union, shared them on Thursday, September 18, according to reports from reliable sources. The commissioner also highlighted that the commission was considering granting the European Securities and Markets Authority (ESMA), its major market regulator, more direct supervisory powers. The EU vows to enact effective economic strategies to reform its single market During a conference in Copenhagen, Albuquerque stated the commission’s main aim towards implementing these changes. Based on her argument, they want to eliminate cross-border barriers, lower administrative expenses, and ensure the implementation of simple regulations. Her remarks came when individuals raised concerns about getting tired of the EU’s slow-moving approach to reforming its single market. These concerns were raised a year after Mario Draghi, a prominent Italian economist who served as the European Central Bank’s President (ECB), released a significant report on enhancing the European economy using the financial sector. Even with this economic strategy, Draghi warned that Europe was dragging behind global changes at the beginning of this week. Meanwhile, as the ESMA gains supervisory powers, the commission will thoroughly assess whether centralized oversight of specific market infrastructures, such as central counterparties, central securities depositories, and trading venues, will be beneficial. Concerning this, Albuquerque pointed out that emerging sectors like crypto asset service institutions would also benefit from increased centralized supervision while still allowing national authorities to perform their responsibilities. The EU proposes measures…
Filed under: News - @ September 18, 2025 11:26 pm