France has urged the European Union to give its top markets regulator, the European Securities and Markets Authority (ESMA), direct authority over major cryptocurrency firms operating across the bloc. Key Takeaways: France wants the EU’s top markets regulator, ESMA, to directly oversee major crypto firms. Bank of France Governor François Villeroy de Galhau called for tighter control over stablecoins. The proposal comes amid EU efforts to centralize supervision and strengthen financial stability. S ...