Crypto M - Crypto News

🚀 ECB Supports ESMA Oversight of Major Cross-Border Financial Firms The European Central Bank (ECB) has expressed its support for a European Commission proposal to grant the Paris-based European Securities and Markets Authority (ESMA) direct oversight of significant cross-border financial firms, including large crypto asset service providers. According to NS3.AI, this move marks a shift from the current Markets in Crypto-Assets (MiCA) framework, where national regulators are responsible for supervising crypto asset service providers (CASPs), while ESMA primarily plays a coordinating role. Although the ECB's opinion is non-binding, the proposal will now proceed to negotiations among EU member states and the European Parliament. #ECB#ESMA#EuropeanCommission#CrossBorderFinance#CryptoAssets#MiCA#FinancialRegulation#EUParliament#CASPs

🚀 European Central Bank Supports EU's Financial Regulatory Reform The European Central Bank (ECB) has expressed its support for the European Commission's proposal to centralize financial regulation. According to Odaily, the plan aims to transfer the regulatory authority of cross-border financial institutions, including crypto asset service providers (CASPs), from national regulators to the European Securities and Markets Authority (ESMA). This move is intended to deepen the integration of the EU capital markets and enhance international competitiveness. The ECB emphasized the need for ESMA to be adequately staffed and funded, while minimizing market disruptions during the regulatory transition. #EuropeanCentralBank#EU#FinancialRegulation#ECB#EuropeanCommission#ESMA#CryptoAssets#CapitalMarkets#InternationalCompetitiveness#CASPs#RegulatoryReform

🚀 Binance to Introduce USDS Across Multiple Services According to the announcement from Binance, the platform is set to integrate USDS (USDS) into several of its services, including Binance Simple Earn, "Buy Crypto," Binance Convert, Binance Margin, and VIP Loan. The rollout is scheduled to commence on 2026-04-09 at 08:00 (UTC), when USDS Flexible Products and Locked Products will be available for subscription on Binance Simple Earn. In addition to the Simple Earn integration, users will have the option to purchase USDS using VISA, MasterCard, Google Pay, and Apple Pay, or trade it with their account balances on the "Buy Crypto" page. This feature will be accessible within one hour of USDS being listed on Binance Spot. Furthermore, Binance Convert will allow users to trade USDS against BTC, USDT, and other tokens without incurring any fees, also within one hour of its listing. For those interested in margin trading, Binance Margin will introduce USDS as a new borrowable asset on both Cross and Isolated Margin. The trading pairs USDS/USDT, BTC/USDS, and ETH/USDS will be available on Cross Margin starting at 2026-04-09 08:00 (UTC). Similarly, these pairs will be accessible on Portfolio Margin at the same time. Additionally, USDS will be listed as a borrowable coin on VIP Loan shortly after its spot listing. Binance advises users to exercise caution, as newly listed tokens can exhibit significant volatility. It is recommended that traders implement robust risk management strategies. For the latest information on marginable assets, users are encouraged to consult the Margin Data section. This integration marks a significant expansion of USDS's availability across Binance's diverse range of financial services. #Binance#USDS#BinanceSimpleEarn#BuyCrypto#BinanceConvert#BinanceMargin#VIPLoan#CryptoTrading#MarginTrading#SpotListing#BTC#ETH#USDT#CrossMargin#IsolatedMargin#PortfolioMargin#VISA#MasterCard#GooglePay#ApplePay#RiskManagement#CryptoVolatility#FinancialServices#CryptoAssets