On 8 October 2026 ESMA published an opinion, reference ESMA75-113276571-1742, telling national competent authorities (NCAs) that crypto-asset service providers (CASPs) should not provide crypto-asset services in relation to non-MiCA-compliant ARTs and EMTs: asset-referenced tokens and e-money tokens for which the conditions of Title III or Title IV of Regulation (EU) 2023/1114 (MiCA) are not met….
On 7 October 2026 the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) published its response to the European Commission’s targeted consultation on the review of Regulation (EU) 2023/1114 on markets in crypto-assets (MiCA). The AMLA MiCA review paper is dated 30 September 2026, the day the consultation closed, and reads MiCA…
ESMA’s response to the European Commission’s targeted consultation on the review of Regulation (EU) 2023/1114 on markets in crypto-assets (MiCA), reference ESMA75-113276571-1721, is dated 30 September 2026, the day the consultation closed. The ESMA MiCA review response is written as a thematic policy paper, and its asks reach the processes a crypto-asset service provider (CASP)…
On 2 October 2026 the CSSF published version 1 of its FAQ on tokenisation, a nine-page document with six questions about Luxembourg investment funds that issue units or shares on a distributed ledger and about the control agents created by Blockchain Law IV. The CSSF tokenisation FAQ splits its answers evenly: three for fund managers…
On 24 September 2026 the European Banking Authority published its response to the European Commission’s targeted consultation on the MiCA review, an exercise feeding into the review framework under Article 140 of Regulation (EU) 2023/1114. The EBA asks the Commission to prioritise five things: a dedicated regime for third-country multi-issuer stablecoin schemes, a fresh look…
CARF reporting in Luxembourg starts with the data a crypto-asset platform is already generating in 2026. The Law of 27 March 2026 (Mémorial A No. 144), which transposes Directive (EU) 2023/2226 (DAC8) and brings the OECD Crypto-Asset Reporting Framework into Luxembourg tax law, makes the calendar year 2026 the first reporting period. Reporting crypto-asset service…
On 12 January 2026 the Swiss Financial Market Supervisory Authority (FINMA) published Guidance 01/2026, Custody of cryptobased assets, addressing institutions subject to FINMA supervision and identifying banks, securities firms, managers of collective assets and portfolio managers in particular. The document carries a blunt message: it restates the rules that already govern crypto custody in Switzerland…
On 16 July 2026 the Financial Action Task Force published its seventh targeted update on how countries are implementing the FATF standards for virtual assets and virtual asset service providers. The headline finding is that implementation remains uneven. Of the 109 jurisdictions answering the Travel Rule legislation question, 91, or 83 percent, reported legislation in…
On 10 July 2026 ESMA announced thirteen Q&A repository items across the EU ESG Ratings Regulation, the Markets in Crypto-Assets Regulation and MiFIR secondary markets. All thirteen items carry published answers. The individual records also show that several answers pre-date 10 July 2026. None of the thirteen published answers creates a new reporting template or…
MiCA defines maximum thresholds for administrative fines under Article 131, with ceilings dependent on issuer type. Until late June 2026, there was no published account of how the EBA would land on a figure inside that ceiling. The EBA has published a consultation on its approach to applying the MiCA fining framework under Article 131…