On 27 February 2025, the European Commission adopted the following delegated acts supplementing the Regulation in markets in crypto-assets (MiCA):
On 17 February 2025, the European Securities and Markets Authority (ESMA) issued a consultation paper containing draft guidelines for the criteria on the assessment of knowledge and competence under the Markets in Crypto Assets Regulation (MiCA).
Background
Article 81(15) of MiCA provides for ESMA to issue guidelines specifying the criteria for
On 13 February 2025, eight Commission Delegated Regulations supplementing the Regulation on markets in cryptoassets (MiCAR) were published in the Official Journal of the EU (OJ).
The Delegated Regulations supplement MiCAR with regulatory technical standards (RTS) in relation to the following topics:
On 31 January 2025, the European Securities and Markets Authority (ESMA) issued a supervisory briefing on authorisation of crypto asset service providers (CASPs) under the Markets in Crypto Assets Regulation (MiCAR). The purpose of the supervisory briefing is for Member State competent authorities (NCAs) to achieve a
On 24 January 2025, the European Securities and Markets Authority (ESMA) issued an opinion on the regulatory technical standards (RTS) specifying certain requirements in relation to conflicts of interest for crypto-asset service providers (CASPs) under the Markets in Crypto-Assets Regulation (MiCAR).
On 31 May 2024, ESMA published
On 17 January 2025, the European Securities and Markets Authority (ESMA) issued a statement which provides guidance on how and under which timeline crypto-asset service providers (CASPs) are expected to comply with the requirements of Titles III and IV of the Regulation on markets in crypto-assets (MiCAR). In particular
On 16 January 2025, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) issued a joint report on recent developments in crypto-assets, analysing decentralised finance (DeFi) and crypto lending, borrowing and staking.
As regards DeFi the joint report finds, among other things, that:
On 8 January 2025, the European Banking Authority (EBA) published a consultation paper on draft Regulatory Technical Standards (RTS) specifying the technical elements necessary for institutions to calculate and aggregate crypto-asset exposures in relation to the prudential treatment of such exposures.
Background
Regulation (EU) 2024/1623 amending Regulation (EU) No 575/2013 (
On 19 December 2024, the European Securities and Markets Authority (ESMA) issued a statement regarding the transitional regime for crypto asset service providers (CASPs) under Article 143(3) of the Regulation in markets in crypto assets (MiCAR).
Article 143(3) of the MiCAR states that “Crypto-asset service providers that provided their
On 18 December 2024, the European Commission adopted a Delegated Regulation supplementing the Regulation on markets in crypto assets with regard to regulatory technical standards specifying the detailed content of information necessary to carry out the assessment of a proposed acquisition of a qualifying holding in a crypto-asset service provider.
The Delegated Regulation enters into