Regulatory Alerts2024-03-25
Final Report on Draft Technical Standards for Markets in Crypto Assets Regulation First Package
ESMA issued this final report detailing draft regulatory and implementing technical standards to specify requirements under the Markets in Crypto Assets Regulation. The document establishes precise information obligations for financial entities notifying their intent to provide crypto-asset services and for applicants seeking full authorization as crypto-asset service providers. Following stakeholder consultation, ESMA refined these standards to ensure investor protection and regulatory alignment before submitting them to the European Commission for adoption.
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