Byte-Sized Insight by Cointelegraph

Can ESMA Fix MiCA?: Europe regulated crypto first, now it considers a central regulator

December 12, 2025·13 min
Episode Description from the Publisher

Europe was the first major region to roll out a comprehensive crypto framework, but now it’s rethinking how that framework is enforced. In this episode of Byte-Sized Insight, we break down the European Union’s proposal to centralize crypto supervision under the European Securities and Markets Authority (ESMA), a move that would shift oversight of crypto-asset service providers away from national regulators and toward a single EU-level authority. To understand what’s happening on the ground,...

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