ESMA targets digital asset custody compliance for MiCA
European Securities and Markets Authority (ESMA) announced that national regulators will start to check that crypto asset service providers (CASPs) have resilient digital asset custody processes in place.
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ESMA's roughly year-long review will probe custody governance, key management and incident response at the EU's 283 MiCA-licensed CASPs, over a quarter of which were only licensed since early June.
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