[ESMA Announces 2027 MiCA Regulatory Focus, Emphasizing CASP Resilience, Outsourcing, and Reverse Solicitation] Odaily Planet Daily News – The European Securities and Markets Authority (ESMA) has unveiled its 2027 work plan, which will coordinate the regulation of crypto-asset service providers (CASPs) across member states. The focus will be on operational resilience, outsourcing risks, liquidity, reverse solicitation, and asset classification. ESMA Chair Verena Ross stated that the focus of MiCA has shifted from rule-making to supervision and convergence. ESMA plans to standardize the periodic reports submitted by CASPs to national regulators and promote common risk indicators and regulatory dashboards. ESMA will advance the centralized crypto market monitoring system, MIDAS, designed to detect potential market abuses under the MiCA framework. The first phase of this system is expected to be fully operational by 2027. ESMA also plans to enhance MIDAS with analytical capabilities and expand the types of data available, pending approval from the board in the fourth quarter. Additionally, regulatory insights will be incorporated into the European Commission's MiCA review, which is expected to be completed by June 2027. (Cointelegraph)