Regulating Market Abuse in Crypto Assets
摘要
Articles 86 to 92 of MiCA promote a simplified regime to control unlawful disclosure, insider dealing and possible manipulation or market abuses in issuing and trading crypto assets. The tendency to assimilate the regulation with the regulatory background of the ordinary financial market is hardly avoidable. However, the most coherent option is probably to use these references as an ex-post mechanism and not as ex-ante requirements when the ESMA guidelines don’t declare analogous application of Market Abuse Regulations.