The joint warning by European supervisory authorities (ESAs) urged consumers to verify provider authorisation and secure wallets.

The 'Joint ESA’s Revised Warning on Crypto-Assets' report highlights significant risks for consumers engaging with digital assets. Issued collectively by the ESAs , the notice emphasi s es that despite the full implementation of the Markets in Crypto-Assets Regulation ( MiCA ) across the EU, ma ny c rypto-assets remain highly volatile and ma y provide limited or no consumer protection .   MiCA   introduces a harmonised supervisory framework for specific types of crypto assets a