Regulatory Alerts2026-04-23
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ESMA Statement on Transitional Periods under MiCAR
The European Securities and Markets Authority (ESMA) issued a statement on April 17, 2026, outlining expectations for national supervisory authorities and crypto-asset service providers as transitional periods under MiCAR expire. The guidance requires unauthorized firms to maintain compliance with existing national regulations while preparing for full authorization, and directs competent authorities to actively monitor deadlines and enforce transitional rules. National regulators such as the FMA will engage directly with affected companies through bilateral communications to ensure an orderly transition and adherence to MiCAR requirements.
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24.04.26
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Supervision and Regulation
In addition to its statement of December 4, 2025, the European Securities and Markets Authority (ESMA) published a further statement on April 17, 2026 on the transitional periods under MiCAR . In it, it again sets out its expectations for service providers not yet authorized under MiCAR and the national supervisory authorities in dealing with the expiry of these transitional periods.
The FMA will approach the affected companies bilaterally.
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ESMA Statement on MiCA Transitional Measures (17.04.2026)
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