EMA response to FCA CP on Stablecoin Issuance and Cryptoasset Custody
The EMA responded to the UK – FCA CP25/14: Stablecoin issuance and cryptoasset custody.
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Crypto
EMA input for European Commission’s interim report on MiCAR
The EMA submitted a position paper to the European Commission on the Markets in Crypto-Assets Regulation (MiCAR) interim report they are preparing for 30 June 2025.
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Joint industry letter to ESMA and EU Commission on Authorisation Process for CASPs
The EMA co-signed a joint industry letter to ESMA and the European Commission on the authorisation process for Crypto Asset Service Providers (CASPs) under MiCA.
The letter addresses concerns over regulatory delays, inconsistent transitional measures, and potential service disruptions. It calls for harmonised authorisation requirements, extended transitional periods, and supervisory flexibility to ensure a smooth implementation of the MiCA framework, safeguarding consumer access and market stability.
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EMA response to Netherlands implementation of DAC8 and CARF
The EMA submitted a response to the Dutch Ministry of Finance consultation on Law implementing EU directive on data exchange on crypto assets.
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Joint industry letter on the application of PSD2 provisions to a various EMT transactions
The EMA co-signed a joint industry letter addressing the application of PSD2 provisions to electronic money token (EMT) transactions. The letter urges the European Commission to distinguish between EMT-related activities, such as custody and trading, and regulated payment transactions under PSD2. It advocates for pragmatic regulatory approaches, extensions of compliance timelines, and ongoing engagement to ensure an appropriate framework for EMT operations across the EU.