**EU Grants ECB Authority to Regulate Cryptocurrency Service Providers** 🇪🇺💼: EU lawmakers have made regulatory updates, granting the European Central Bank (ECB) expanded authority in regulating cryptocurrency service providers affiliated with banks. This development reflects the growing importance of cryptocurrency regulation within the European Union. In addition to this, the ECB is tasked with monitoring lenders' plans to achieve a net-zero economy over the next 30 years, aligning with sustainability goals. Regulatory oversight in the crypto space continues to evolve. 🏦🌐 #Cryptoregulations #Europe #ECB