EU Sorts MiFID to Boost Crypto Regulation Efforts

The regulatory framework known as MiCA, enacted in 2022, is instrumental in structuring the landscape of crypto assets within the European Union, particularly in delineating which crypto assets fall under the purview of MiFID II, a pivotal issue in financial regulation. ESMA Consultation Papers Shed Light On January 29, the European Securities and Markets Authority (ESMA), the EUs securities regulator, released two consultation papers addressing critical aspects of MiCA implementation. One paper scrutinizes the concept of reverse solicitation, whereby non-EU crypto firms can cater to EU...


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