The European Securities and Markets Authority (ESMA) has published a consultation package under MiCA and is inviting comments from stakeholders.
The European Securities and Markets Authority is an independent European Union Authority located in Paris. ESMA replaced the Committee of European Securities Regulators on 1 January 2011. It is one of the three new European Supervisory Authorities set up within the European System of Financial Supervisors.
The ESMA aims to release three consultation packages, and the first one is looking for input on proposed rules for crypto-asset service providers (CASPs). The authoritative body wants to know more about the authorisation, identification, and management of conflicts of interest for CASPs and also how they should address complaints.