ESMA releases last policy documents to get ready for MiCA (ESMA)
The European Securities and Markets Authority (ESMA) published the last package of final reports containing regulatory technical standards and guidelines ahead of the full entry into application of the Markets in Crypto Assets Regulation (MiCA) on December 30, 2024. ESMA has delivered extensive regulatory work over the past 18 months, comprising more than 30 Technical Standards and Guidelines, many of them developed in cooperation with the European Banking Authority (EBA). The package contains Regulatory Technical Standards on market abuse, plus guidelines on reverse solicitation, suitability, crypto-asset transfer services, qualification of crypto-assets as financial instruments, and on the maintenance of systems and security access protocols. [Read more at ESMA]
FCA plans to improve UK crypto market transparency (FCA)
The U.K. Financial Conduct Authority (FCA) published a discussion paper on the future market abuse regime for crypto-assets (MARC) and crypto-asset admissions and disclosures regime (A&D), to help inform the development of a balanced regime that addresses market risks without stifling growth. [Read more at the FCA]
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