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CoinVoice has recently learned that, according to CoinDesk, the financial regulatory authority of the European 28-country trade alliance — the European Securities and Markets Authority (ESMA) — has conducted a peer review of Malta's implementation under the Regulation on Markets in Crypto-Assets (MiCA), with particular attention to the rapid authorization process for a certain unnamed encryption company in the island nation.



The ESMA Peer Review Committee (PRC) focused on reviewing the authorization status of the Crypto Asset Service Provider (CASP entity), which was approved for authorization despite "significant unresolved issues or pending remediation" at the time of obtaining MiCA authorization.
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