EU Raises Alarm About Crypto Risks Despite MiCA Regulation

Cryptocurrencies have transitioned from fringe digital assets to major investment products, capturing significant market share and attracting growing attention from financial institutions. However, this rapid growth has triggered a shift in sentiment: institutional anxieties are escalating. Europe’s MiCA regulation, touted as a safety net for investors, is facing mounting concerns that it may not be sufficient. ESMA, the European Securities and Markets Authority, has issued a warning about the potential for significant losses in the crypto market.