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Home » Marketing Crypto Assets to EU Investors Under MICA: ESMA’s First Take on Reverse Solicitation – JD Supra

Marketing Crypto Assets to EU Investors Under MICA: ESMA’s First Take on Reverse Solicitation – JD Supra

Marketing Crypto Assets to EU Investors Under MICA: ESMA’s First Take on Reverse Solicitation – JD Supra

In our previous alert, we noted the statement of the European Securities and Markets Authority (ESMA) encouraging market participants and national competent authorities in EU member states to prepare for implementation of the Regulation on Markets in Crypto Assets (MiCA).MiCA’s provisions governing certain stablecoins will apply from 30 June 2024, and its provisions governing the remaining crypto assets will apply from 30 December 2024.ESMA is working toward MiCA implementation, consulting on the various measures it is required to put in place to give effect to MiCA. Among its most recent consultations is the Consultation Paper on the draft guidelines on reverse… 

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