The European Union’s Markets in Crypto-Assets Regulation has introduced a comprehensive framework to oversee the security of the cryptocurrency sector.
Bitcoin miners can now continue securing the network without additional reporting requirements, which could have complicated their business models.
The European Securities and Markets Authority (ESMA) has relieved Bitcoin (BTC) miners and Proof-of-Stake (PoS) validators from market abuse reporting requirements under the EU’s Markets in Crypto-Assets Regulation (MiCA). This decision marks an important distinction between crypto asset service providers (CASPs), such as exchanges, which must comply with strict regulations, and miners and validators, who primarily facilitate blockchain transactions rather than directly engaging in trading activities.
In December 2024, ESMA finalized its stance on which entities fall under Persons Professionally Arranging or Executing Transactions (PPAETs). Initially, there was uncertainty about wh
