ESMA Recommends Adjustments to MiCA Framework for Emerging Services and Enhanced Investor Protection

The European Securities and Markets Authority (ESMA), the European Union's financial markets supervisor and regulator, has called for targeted adjustments to the Markets in Crypto-Assets (MiCA) regulatory framework. According to the authority, the proposed updates aim to make the digital asset regulation clearer and safer while preparing the market for emerging services. The initiative addresses several priority areas across the EU regulatory landscape, including digital finance, innovation, investor protection, and administrative simplification. ESMA's recommendations focus on refining the operational aspects of MiCA to reduce burdens while maintaining robust oversight across the financial services sector and adapting to evolving crypto-asset market developments.