EU calls for rewriting MiCA

The European Securities and Markets Authority (ESMA) has called for a review of the EU’s crypto asset framework (MiCA).

➡️ In its opinion of 16 October, ESMA recommended that the European Commission update several key aspects of the framework.

➡️ ESMA highlighted the need for changes to regulatory standards around disclosure of intentions to provide crypto asset services and licence applications for providers of these services.

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