ESMA issues a statement under MiCA setting out standardised, machine-readable formats for crypto transactions, identifiers, and white papers, strengthening transparency, traceability, and market integrity

The statement mandates that order-book and transaction records be maintained in machine-readable JSON format, that legal-entity clients and crypto-assets be identified using LEIs and DTIs respectively, and that crypto-asset white papers follow a standardised...

NCA launches ‘Crypto Dream Scam Nightmare’, its first campaign targeting men under 45, warning against crypto investment fraud with real cases and tips to spot scams after 17,000 reports in 2024

The campaign highlights the risks of high-return crypto schemes, sharing real-life examples such as a victim who believed £28,000 had grown to £400,000, only to lose it all. In 2024, Action Fraud recorded over 17,000 reports of crypto investment fraud. The initiative...