ContextSpeech at the Malta Financial Supervisors Academy forum on crypto-asset rules; ESMA protects investors and keeps EU markets orderly, and prepares to apply the MiCA regulation.
Why it mattersRoss reminds investors that the new crypto rules regulate firms, not the value of tokens.
Problems raised
Crypto-asset markets need effective supervision from day one.
MiCA implementation is a large task.
Investors may overestimate MiCA's protection.
Solutions proposed
Implement MiCA robustly across the EU.
Ensure a smooth transition for existing providers.
Remind investors that MiCA regulates intermediaries, not crypto value.
