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 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
On 13 December 2024, the European Commission adopted a draft Delegated Regulation supplementing the Regulation on markets in crypto-assets (MiCAR) with regard to regulatory technical standards (RTS) specifying adjustment of own funds requirement and minimum features of stress testing programmes of issuers of asset-referenced tokens (ARTs) or of e-money
On 12 December 2024, the European Banking Authority (EBA) issued a report on tokenised deposits.
In the report the EBA outlines preliminary observations as to potential benefits and challenges of the use of tokenised deposits, which may vary depending on design parameters.
In the light of the assessment of tokenised deposits set
On 10 December 2024, the European Supervisory Authorities (ESAs) issued a final report containing guidelines on templates for explanations and opinions, and the standardised test for the classification of crypto-assets, under Article 97(1) of the Regulation in markets in crypto-assets (MiCAR).
The guidelines have been developed in accordance with Article 97(1)