ESMA publishes Q&As under MiCAR

A&O Shearman
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The European Securities and Markets Authority (ESMA) has published two Q&As under the Markets in Crypto-assets Regulation (MiCAR), providing further guidance on the application of MiCAR to crypto-asset service providers (CASPs). ESMA_QA_2607 addresses whether MiCAR permits the staking of clients' crypto-assets by CASPs for their own account, and ESMA_QA_2608 considers whether MiCAR allows CASPs to use clients' crypto-assets for pre-funding client orders.

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