European Regulator Warns Crypto Firms Against Misleading Practices
The European Securities and Markets Authority (ESMA) has issued a warning to crypto asset service providers (CASPs) against misleading customers about the regulatory status of their offerings. ESMA emphasized that some CASPs are using their regulated status as a marketing tool, potentially confusing consumers about the protections available under the EU's Markets in Crypto Assets (MiCA) regulation.
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