POPA ReconESMA Launches First Crypto Custody Review Under MiCA
ESMA Launches First Crypto Custody Review Under MiCA The European Securities and Markets Authority (ESMA) has launched its first coordinated review of crypto custody providers since MiCA entered full enforcement. The supervisory action will assess operational resilience across the EU, including governance, private key management, transaction controls, incident response, smart contract risks, and third-party dependencies. National regulators will conduct risk-based reviews through 2027. Meanwhile, the European Commission is already considering updates to MiCA. Regulators are seeking feedbac…
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