
ESMA sets 2027 MiCA supervision priorities for crypto firms
- —2027 priorities: operational resilience, outsourcing, liquidity and reverse solicitation
- —ESMA wants CASPs to maintain sufficient EU operations rather than rely on non-EU infrastructure
- —First phase of the MIDAS market surveillance system to go live in 2027, second phase in Q4 2027
- —Only 281 of 1,343 EEA crypto providers held MiCA authorization after the July 1 deadline
Why it matters: Tighter supervision and common reporting standards will decide which crypto firms keep access to the EU market.
Source: crypto.news