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17.10.2024
MiCA Changes: ESMA Proposes to Strengthen Regulation of Crypto Assets

The European Securities and Markets Authority (ESMA) recommends amendments to the MiCA regulation. In particular, it proposes to strengthen the requirements for cybersecurity and governance of crypto companies, including mandatory external audits. These changes are aimed at protecting investors and increasing the resilience of the European cryptocurrency market. ESMA insists on thorough due diligence of candidates for the provision of cryptocurrency services to reduce risks.