[EU Plans to Expand Regulation of Stock and Cryptocurrency Exchanges] The European Commission plans to expand central regulation of key financial market infrastructures, covering stock exchanges and crypto asset service providers. According to the plan, the powers of the European Securities and Markets Authority (Esma) will be extended to include 'the most significant cross-border entities.' This move is part of the EU's 'Capital Markets Union' initiative, aimed at eliminating regulatory fragmentation and enhancing EU competitiveness. The relevant proposal is expected to be presented in December as part of the 'Market Integration Package.'