EU Crypto-Assets Market: Updated Q&As under MiCA published by ESMA

On 2 February 2024, ESMA, the EU's securities markets regulator, released its latest batch of updated Q&As pertaining to Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets (MiCA). These insightful Q&A’s have been made public with the objective of offering guidance on the interpretation and application of specific rules outlined in MiCA.

ESMA has provided answers on the following questions (click the link for Q&A):

1. New CASPs established before (and after) 30 December 2024

2. Passporting rights for entities benefiting from grandfathering

3. Prohibition of monetary and non-monetary benefits under MiCA

4. Provision of crypto-asset services by credit institutions

5. Notifications under Article 60 MiCA

Source: The Council of the EU and the European Council

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