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European Financial Regulatory Agency Investigating Whether Malta Violated MiCA Regulations in Authorizing Crypto Companies
Summary: According to CoinDesk, the European Securities and Markets Authority (ESMA), the financial regulatory agency of the European Union's 28 member states, has conducted a peer review of Malta's implementation of the Markets in Crypto-Assets Regulation (MiCA) framework, focusing particularly on the rapid authorization process for an unnamed crypto company on the island. ESMA's Peer Review ...
According to CoinDesk, the European Securities and Markets Authority (ESMA), the financial regulatory agency of the European Union's 28 member states, has conducted a peer review of Malta's implementation of the Markets in Crypto-Assets Regulation (MiCA) framework, focusing particularly on the rapid authorization process for an unnamed crypto company on the island. ESMA's Peer Review Committee (PRC) scrutinized the authorization of the Crypto Asset Service Provider (CASP entity), which was approved despite significant outstanding issues or improvements needed at the time of MiCA authorization.
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Link: European Financial Regulatory Agency Investigating Whether Malta Violated MiCA Regulations in Authorizing Crypto Companies [Copy]
