ESMA News

Extending ESMA jurisdiction to include financial markets threatens to slow innovation for crypto and fintech companies, but some policy experts see a silver lining.

The EU is reportedly drafting a proposal to transfer crypto and financial sector oversight to the ESMA, as part of a wider push to improve capital markets for startups.

ESMA moves to take direct control of crypto oversight under MiCA as EU states clash over cross-border licensing and fragmented market supervision.

The Bank of Italy's vice director warned that multi-issuance stablecoins pose risks to EU financial stability and should be restricted to equivalent regulatory jurisdictions.

France’s securities regulator is considering attempting to ban European license “passporting” over concerns related to MiCA regulation enforcement gaps in other EU countries.

ESMA’s Natasha Cazenave says tokenized stocks could lead to “investor misunderstanding,” but the regulator is still keen to support the technology.

Malta has sought to lead the way in EU crypto regulation, though early leadership has not come without its challenges.

Malta’s MFSA only “partially met expectations” in the MiCA authorization process for a specific CASP, according to the EU securities regulator.

The European Securities and Markets Authority confirmed that MiCA rules do not explicitly ban non-compliant stablecoin custody and transfers.

To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets.

Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA’s standards, including the use of Digital Token Identifiers.

The venture capitalist firm said ESMA’s approach to crypto market abuse could be a disaster for the industry without suggesting any better ideas.

MiCA passed in 2022, but aspects of it are still being worked out. Defining a financial instrument is a big outstanding question.

From Hong Kong to Europe and the United States, regulators are pushing for more oversight and control over digital assets.

Crypto asset service providers may not benefit from full rights and protections afforded to them under MiCA until as late as July 2026, the ESMA said.