CoinVoice has recently learned that, according to CoinDesk, the financial regulatory authority of the European trade alliance of 28 countries—the European Securities and Markets Authority (ESMA)—has conducted a peer review of Malta's implementation under the Markets in Crypto-Assets Regulation (MiCA), with particular attention to the rapid authorization process for a certain unnamed cryptocurrency company.

The ESMA Peer Review Committee (PRC) focused on the authorization status of the cryptocurrency asset service provider (CASP entity), and despite the fact that there are still 'significant issues unresolved or pending rectification' upon obtaining MiCA authorization, the entity was still approved for licensing. [Original link]