Warning on crypto assets

In November 2024, the value of certain crypto-assets has significantly and suddenly increased, hitting new records. This reflects an intensifying interest in relation to crypto-assets and confirms their highly volatile nature. ESMA is cautioning investors against being caught up in this hype. They should reflect carefully before making any financial decision and consider their financial needs and objectives. These events occur just a few weeks before the application of the Markets in CryptoAssets Regulation (MiCA) to firms providing crypto-asset services. MiCA will start a new era of supervision for crypto-assets and related services as markets in crypto-assets are not yet regulated at European Union (EU) level. MiCA will enhance protections for holders of crypto-assets and clients of crypto-asset service providers as well as integrity of these markets.