MiCA focus shifts from rulemaking to supervision, ESMA chair says
- —ESMA shifts from MiCA rulemaking to supervising CASPs
- —Focus areas: provider resilience, outsourcing and reverse solicitation
- —Goal is harmonized reporting across EU national regulators
Why it matters: A unified EU supervisory approach reduces regulatory uncertainty for crypto firms and exchanges operating in the European market.
Source: Cointelegraph