PANews reported on April 30 that according to Finance Magnates, the European Securities and Markets Authority (ESMA) issued the "Final Guidelines for Anti-Abuse Regulation in Crypto-Asset Markets". This document, as a supporting rule for MiCA regulations, will be fully implemented within three months after its publication. The guidelines require regulators in the 27 EU member states to establish a unified market monitoring system, focusing on preventing three types of violations: insider trading, illegal information disclosure and market manipulation, and especially emphasize the need to strengthen supervision of the spread of false information on social media, blogs and other online platforms. The document requires professional trading institutions (PPAETs) to deploy automated monitoring tools and establish a hierarchical processing mechanism for suspicious transaction reports (STORs). For cross-border supervision, ESMA explicitly requires regulators in various countries to share regulatory cases of non-EU crypto companies and regularly report cross-border collaboration barriers to ESMA.
It is worth noting that the guideline was not publicly solicited for comments during its development. ESMA explained that since Article 125 of the MiCA Regulation has clearly authorized it and the guideline is only for regulators rather than market participants, regulators in various countries must submit a compliance commitment to ESMA within two months. If they choose partial exemptions, they must specify the specific
