EU crypto community has two weeks to join conversation on crypto data #togrp7
The European Union’s securities regulator continues to strengthen its focus on cryptocurrency regulation, initiating a move to implement increased scrutiny of crypto transactions. The European Securities and Markets Authority (ESMA) on Tuesday issued a public tender.
The regulator is specifically looking for “crypto off-chain data” or crypto-related transactions that do not originate from a blockchain. According to ESMA, such transactions include spot and derivatives trade at centralized exchanges or over-the-counter trading platforms. “The coverage should encompass all major exchanges and crypto assets so that it provides a fair representation of the crypto market landscape,” the document reads. The ESMA pointed out that crypto data providers should update their data on a daily basis.#togrp7