The recommendations call for stronger investor protections and supervisory powers as crypto markets evolve and new services challenge existing MiCA rules.
The European Securities and Markets Authority (ESMA) has called for changes to the Markets in Crypto-Assets Regulation (MiCA), seeking to simplify the framework while strengthening investor protection and addressing emerging crypto activities.
In its response to the European Commission’s consultation, ESMA proposed tighter safeguards for crypto-asset marketing, including promotions by influencers and third parties, as well as greater cost transparency. It also recommended disclosure requirements for services such as staking, lending and…
