{
  "id": 10460311,
  "title": "MiCA focus shifts from rulemaking to supervision, ESMA chair says",
  "url": "https://urgent.news/2026/09/28/mica-focus-shifts-from-rulemaking-to-supervision-esma-chair-says",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T14:02:45.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/mica-shift-rulemaking-to-supervision-esma-chair"
  },
  "original_language": "en",
  "account": null,
  "summary": "The European Securities and Markets Authority (ESMA) has shifted its focus under the Markets in Crypto-Assets Regulation (MiCA) from rulemaking to supervision and convergence, according to its chair Verena Ross. ESMA plans to concentrate on operational resilience, outsourcing risks, liquidity, reverse solicitation, and asset classification while pursuing harmonized reporting across national regulators. The regulator intends to strengthen coordination among national authorities supervising crypto asset service providers (CASPs) and advance the centralized crypto-market surveillance system, MIDAS, which is expected to be fully operational in 2027. ESMA will also feed its supervisory experience into the European Commission's MiCA review, expected by June 2027, to prepare for any potential legislative proposals.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}