Malta's MiCA license under review by EU regulatory authorities

Odaily Planet Daily News: The European Securities and Markets Authority (ESMA) released a review on Thursday of the authorization process for Crypto Asset Service Providers (CASPs) under the Malta Financial Services Authority (MFSA), which is the main regulatory body in Europe responsible for regulating the crypto asset market (MiCA). Although the EU regulatory agency stated that the Malta Financial Services Authority met certain expectations in terms of regulatory settings and staffing, the agency stated that Malta only "partially met expectations" in the authorization process for an unnamed CASP. （Cointelegraph）