Webinar: New EU regulation of crypto assets (MiCA)

The EU is proposing a far reaching regulatory regime for crypto assets, which will bring many crypto players within regulation for the first time. The draft MiCA Regulation introduces a licensing regime for crypto issuers and other service providers (for example, crypto exchanges, trading platforms and custodians/wallet providers), in relation to a very wide range of crypto assets, including bitcoin, ether, utility tokens, e-money tokens and asset-referenced tokens. It also introduces a variety of other regulatory requirements, including on white papers and market abuse. MiCA raises a number of significant issues, including an apparent appetite to apply heavier regulation to crypto assets than to equivalent instruments (such as e-money) off the block chain.