ESMA turns spotlight on crypto custody risks after MiCA transition
CoinTelegraph·
60-second summary
ESMA is currently assessing crypto custody providers' key management, incident response, and reliance on third-party technology providers, shedding light on potential risks. This scrutiny comes after the MiCA transition, a significant regulatory shift in the EU.
The EU securities regulator will assess custody providers’ key management, incident response and reliance on third-party technology providers.