Tag Archives: esma

CoinspeakerEuropean Regulator ESMA Finalizes First Rules for Crypto Asset Service Providers ESMA proposed that crypto assets should be classified as financial instruments if they meet the criteria outlined in MiFID II's definition of financial instruments.  European Regulator ESMA Finalizes First Rules for Crypto Asset Service Providers

CoinspeakerShorthanded EU Struggles in Crypto Regulation Risk Falling behind Global Standards EU's securities watchdog ESMA struggles to keep pace with crypto regulations as ESMA confronts resource constraints. Shorthanded EU Struggles in Crypto Regulation Risk Falling behind Global Standards

Though the anticipation for MiCA has gone into full throttle, ESMA has warned national regulators against allowing what it calls ‘letterbox’ entities. The European Securities and Markets Authority (ESMA) is wary of global crypto firms who might try to exploit loopholes currently present in its Markets in Crypto Assets regulation (MiCA). MiCA, whose rules are set to take effect by December 2024, would allow companies that have been registered under an existing regime to continue doing their...