🚨News alert! 🇪🇺 ESMA seeks input on MiCA regulation for #cryptocurrency #trading & issuance in EU 💰 Consultation paper focuses on 5️⃣ main areas.

Are they on the right track or just creating more red tape 🟥❌️?

#btc #bitcoin $BTC 🧵👇🏻

1️⃣ 🚨#ESMA is calling on #cryptocurrency companies to disclose their sustainability indicators! 🌎💡 It's time for the #crypto industry to step up and show its commitment to reducing its #CarbonFootprint. 🟩💚♻️

2️⃣🚨 ESMA's focus on continuity & regularity in #crypto services is crucial for building trust and confidence in the market! 💰🔍 Consistent operations and no unexpected interruptions will help drive adoption and maturation of the industry.

3️⃣🚨 ESMA pushes for pre- & post-trade #cryptocurrency transparency! 💰📈 Want to ensure fair prices & prevent market manipulation?

4️⃣🚨 ESMA is pushing for standardized record-keeping and order books in the #crypto world! 💰📈 This could bring more transparency and efficiency to the industry.

5️⃣🚨 ESMA's push for machine readability of white papers & public disclosure means making important docs more accessible & understandable for all, not just those with legalese expertise! 📄💻