ESMA delivers opinion on global crypto firms using their non-EU execution venues

ESMA delivers opinion on global crypto firms using their non-EU execution venues

 

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor authority, issued today an Opinion to address the risks presented by global crypto firms seeking authorisation under the Markets in Crypto Assets (MiCA) Regulation for part of their activities (crypto brokerage) while keeping a substantial part of their group activities (intra-group execution venues) outside the European Union (EU) regulatory scope. (...)