Reuters: European Central Bank supports EU to include cryptocurrency service providers in ESMA unified regulation According to Foresight News, Reuters reported that the European Central Bank (ECB) expressed support on Friday for the European Commission's plan to integrate the EU capital market through joint regulation. The plan, led by France and Germany, aims to enhance the competitiveness of the EU in the face of competition from the United States and China by elevating financial market regulation from the national level to the EU level. According to the proposal, regulatory powers for systemically important cross-border financial market participants, including major trading venues, central counterparties, central securities custodians, and cryptocurrency service providers, will be transferred from national authorities to the European Securities and Markets Authority (ESMA) headquartered in Paris. \The European Central Bank pointed out that this move will deepen the integration of EU capital markets and financial regulation, but emphasized that ESMA needs to obtain sufficient human and financial resources to undertake new functions, and suggested that the regulatory transition from the national level to the EU level should be orderly promoted to reduce market disturbances. The committee's proposal will currently enter the legislative negotiation process between the governments of EU member states and the European Parliament, which is expected to take several months to complete.