The European Securities and Markets Authority (ESMA) sent, on Tuesday 17 October, a letter to the Economic and Financial Affairs Council (‘Ecofin’) encouraging Member States to prepare for the implementation of the European Markets in Crypto-Assets Regulation (MiCA) (see EUROPE B13266A28).
In particular, the document calls on Member States to designate “as soon as possible” the competent authorities responsible for carrying out the functions and tasks provided for under the...