ESMA Puts Malta’s Crypto Oversight Under the Microscope—Is MiCA at Risk?

The European Securities and Markets Authority (ESMA) has placed Malta’s cryptocurrency licensing framework under review, raising concerns about how the island nation’s financial watchdog authorizes crypto asset service providers (CASPs). The evaluation, published Thursday, centers on the conduct of Malta’s Financial Services Authority (MFSA) and its processes under the Markets in Crypto-Assets (MiCA) regulation, which […]