The three major regulatory agencies in Europe are consulting on the guidelines for the regulation of crypto assets (MiCAR)
ChainCatcher news, according to crowdfundinsider, the three major European regulatory authorities (EBA, EIOPA, and ESMA, collectively referred to as ESA) have released a consultation document on the regulation of crypto assets (MiCAR), establishing "a template for explanations and legal opinions on the classification of crypto assets, as well as standardized tests aimed at promoting a common approach to classification."