ESMA Launches Custody Audits for EU Crypto Platforms Following MiCA Implementation
The post ESMA Launches Custody Audits for EU Crypto Platforms Following MiCA Implementation appeared on BitcoinEthereumNews.com. Key Highlights European regulators initiate coordinated custody audits following MiCA’s full activation. Crypto service providers undergo scrutiny on client asset safeguarding mechanisms. Examination covers private key management, governance structures, and transaction oversight. MiCA framework transitions from registration phase to active compliance verification. Comprehensive findings expected by 2027 to identify custody vulnerabilities across member states. European securities regulators have initiated a comprehensive custody examination targeting crypto firms operating under the new MiCA regulatory framework. The investigation evaluates how licensed providers safeguard customer holdings and address operational vulnerabilities. This coordinated effort aims to establish uniform protection standards throughout the European Union. Pan-European Custody Investi