European financial regulators are pushing forward with plans to streamline their prudential oversight system. A new presentation deck outlines proposed changes to regulatory compliance, supervision protocols, and mandatory reporting requirements across the eurozone. The move aims to reduce bureaucratic complexity while maintaining financial stability standards—something crypto firms operating in Europe have been watching closely as clearer frameworks could reshape how digital assets fit into the broader regulatory landscape.
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BrokenYield
· 12h ago
lol they're "simplifying" regulatory frameworks now? heard that one before during 2017... spoiler alert: didn't end well. more rules = more loopholes if you know where to look, that's just how systemic risk works innit
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CascadingDipBuyer
· 12-11 12:55
This wave of simplified regulation and clear framework in Europe... Basically paving the way for crypto. Finally, some rationality.
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BlockchainBrokenPromise
· 12-11 12:55
Europe is once again tinkering with the regulatory framework, and it seems that every time they claim to simplify, the outcome becomes more complex.
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DegenWhisperer
· 12-11 12:52
Finally some movement, Europe is no longer messing around with those annoying bureaucracies?
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Wait, simplifying ≠ relaxing, don't be fooled by the headline, brother.
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Now crypto companies can breathe a sigh of relief, but I bet after the framework is outlined, it will need to be revised.
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Having a clear framework sounds good, but I'm worried it might end up being a big mess in the end.
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Europe finally learned how to play the game; better late than never.
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The cautious regulatory system is too complex; I can't even understand those report requirements. It should have been changed long ago.
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By the way, do they really want to help, or are they just trying to find another way to cut the leeks? I'm a bit suspicious.
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Cryptocurrency is finally getting attention; Europe's actions are faster than the US.
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Reducing bureaucracy while maintaining stable standards, sounds like a big pie in the sky. How exactly will they do it?
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HashBard
· 12-11 12:49
fewer hoops, clearer rules... sounds like the narrative arc we've been waiting for, but tbh the sentiment shift usually precedes the actual change by months. europe's always been the cautious storyteller anyway
European financial regulators are pushing forward with plans to streamline their prudential oversight system. A new presentation deck outlines proposed changes to regulatory compliance, supervision protocols, and mandatory reporting requirements across the eurozone. The move aims to reduce bureaucratic complexity while maintaining financial stability standards—something crypto firms operating in Europe have been watching closely as clearer frameworks could reshape how digital assets fit into the broader regulatory landscape.