2026-04-16
The Dutch Authority for the Financial Markets (AFM) issued a supervision report identifying persistent shortcomings in how crypto-asset service providers (CASPs) disclose advertising claims and cost information under MiCAR regulations. The report mandates that all CASPs immediately align their communications with strict standards requiring balanced risk warnings, transparent fee structures, and easily accessible cost data, supported by five concrete improvement points and practical examples. Non-compliant firms will receive individual feedback, face targeted supervisory letters or cross-border notifications, and risk enforcement action if violations persist.