Attention crypto enthusiasts! đ The European Securities and Markets Authority (ESMA) has released a new Opinion on the risks of global crypto firms seeking partial authorization under MiCA regulation, while significantly operating outside the EU.
- ESMA warns about complex structures that can harm consumer protection and create inequalities.
- Asks national authorities for rigorous scrutiny of these business models.
- Highlights the importance of transparency and management of conflicts of interest.
What do you think of these measures? Comment below!
