BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home BUSINESS

EU Crypto Community Under Pressure to Share Crypto Data to ESMA

BlockNews Team by BlockNews Team
August 4, 2022
in BUSINESS, CRYPTO
Reading Time: 2 mins read
1
SHARES
19
VIEWS
Share on XShare in TelegramShare on Reddit

The European Union continues to regulate cryptocurrency in the continent to tighten the safety of the people. On August 2, the European Securities and Markets Authority issued a tender to gather information on trading data involving cryptocurrency transactions. 

The regulator seeks off-chain data – crypto-based transactions that do not come from the blockchain.

ESMA said that the off-chain data includes spot trades, derivatives in centralized exchanges, and all centralized platforms.

The letter stated, “Data should be available with daily frequency and include access to order books were to see spreads and liquidity across exchanges and trading pairs (in fiat and crypto).”

ESMA also stated that the contract ceiling will be €100,000, “corresponding to the maximum duration of the framework contract” of four years.”

The announcement followed up after the European Council proposed an Anti-Money Laundering supervisor to monitor specific crypto asset providers since June 2022. The newest regulator will maintain authority over high-risk financial entities – specifically cryptocurrency- to stop the rampant unregulated crypto transactions within the continent. 

Possible Pressure for Nations Without Regulations

USA, EU, Russia, China, South Korea, and Singapore – are some of the few nations that plan to halt the “wild west” era of cryptocurrency for a safer future under the watchful eyes of governments. With these powerful countries implementing regulations, it could pressure other countries to do the same as well – especially ones with high crypto activities, including the Philippines, Vietnam, and Turkey. 

Their regulations would influence politicians from other countries to do the same as well, especially if more scams and hacks continue to happen.

Tags: cryptoEU
TweetShareShare
BlockNews Team

BlockNews Team

DON'T MISS THESE! HOT OFF THE PRESS

Shiba Inu Rebounds Above $0.00001 as Whale Buys Calm Market Nerves
CRYPTO

Shiba Inu Rebounds Above $0.00001 as Whale Buys Calm Market Nerves

August 29, 2025
Hyperliquid (HYPE) Challenges Centralized Giants as DeFi’s Derivatives Powerhouse
BINANCE BNB

Hyperliquid (HYPE) Challenges Centralized Giants as DeFi’s Derivatives Powerhouse

August 29, 2025
Ripple’s Bold Push Into Banking Could Send XRP Bullish
CRYPTO

Ripple’s Bold Push Into Banking Could Send XRP Bullish

August 29, 2025
Bitcoin Whales Rotate Into Ether as $5B Validator Queue Builds
BITCOIN

Bitcoin Whales Rotate Into Ether as $5B Validator Queue Builds

August 29, 2025
Why is Bitcoin and Crypto Dumping Today?
BITCOIN

Why is Bitcoin and Crypto Dumping Today?

August 29, 2025
Bitcoin, Ethereum, and XRP Dump as $500 Million in Crypto Gets Liquidated: Here is What Happened
CRYPTO

Bitcoin, Ethereum, and XRP Dump as $500 Million in Crypto Gets Liquidated: Here is What Happened

August 29, 2025
Load More

Related News

Shiba Inu Rebounds Above $0.00001 as Whale Buys Calm Market Nerves

Shiba Inu Rebounds Above $0.00001 as Whale Buys Calm Market Nerves

August 29, 2025
Hyperliquid (HYPE) Challenges Centralized Giants as DeFi’s Derivatives Powerhouse

Hyperliquid (HYPE) Challenges Centralized Giants as DeFi’s Derivatives Powerhouse

August 29, 2025
Ripple’s Bold Push Into Banking Could Send XRP Bullish

Ripple’s Bold Push Into Banking Could Send XRP Bullish

August 29, 2025
Bitcoin Whales Rotate Into Ether as $5B Validator Queue Builds

Bitcoin Whales Rotate Into Ether as $5B Validator Queue Builds

August 29, 2025
Why is Bitcoin and Crypto Dumping Today?

Why is Bitcoin and Crypto Dumping Today?

August 29, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews