ESMA finalises first rules on crypto-asset service providers

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Summary:

The European Securities and Markets Authority (ESMA) has published a Final Report on the Markets in Crypto-Assets Regulation (MiCA). The report aims to promote clarity and predictability in the crypto-asset market by proposing guidelines for crypto-asset service providers (CASPs). The proposals cover information requirements for CASPs, financial entities, and investors, as well as how CASPs should address complaints. The report has been submitted to the European Commission (EC) for implementing measures, and ESMA will provide further guidance if requested.