An official document issued by a regulatory authority to clarify expectations or provide recommendations for compliance with existing rules. These statements offer interpretive assistance without creating new legal requirements. They aim to promote consistent regulatory application and assist regulated entities in understanding their obligations. Such guidance helps maintain market stability and integrity.
Context
Supervisory guidance statements are important in crypto news as regulators issue advice on how existing financial laws apply to digital assets. Reports often discuss the impact of these statements on operational practices and compliance efforts for crypto businesses. These documents provide crucial clarity in an evolving regulatory landscape, influencing market participants’ strategic decisions.
CASPs must immediately revise disclosure protocols to prevent the "halo effect," ensuring clients distinguish MiCA-regulated and unregulated offerings.
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