Posted 10/6/2023, 9:17:53 AM
ESMA Seeks Feedback on Crypto Asset Transparency and Sustainability Standards
- European Securities and Markets Authority (ESMA) released second consultation paper on Markets in Crypto-Assets (MiCA)
- Seeks input on sustainability indicators, disclosures, white paper requirements, trade transparency, and record-keeping
- Proposes requiring crypto firms to report trading details like date, asset, price, quantity, venue, and transaction ID
- Will publish final report based on feedback and submit draft standards to European Commission by June 2024
- Will also publish a third consultation package in Q1 2024 before final standards