EU member states call on EU lawmakers to give European Securities and Markets Authority the authority to regulate crypto companies

According to Huobi HTX, regulators in France, Italy and Austria called on EU lawmakers to give the European Securities and Markets Authority the authority to regulate crypto companies. The EU's new crypto-regulatory regime has raised concerns that member states have different standards in issuing licenses. Chairman of the French Financial Markets Authority: Due to concerns about the loose standards for issuing crypto licensing, it may affect the "passport right to go" of crypto companies (if you get a license in an EU country, you do not need to apply for a license repeatedly in other member countries).