I'm trying to understand if crypto-assets are included and regulated under the MICA framework. I want to know if there's any specific provision or clause in MICA that addresses crypto-assets.
7
answers
SamsungShineBrightnessRadianceGlitter
Mon Feb 24 2025
Instead, they are governed by the existing regulatory framework in place for traditional financial instruments.
DigitalLordGuard
Mon Feb 24 2025
In accordance with French law and the regulations of other European Union Member States, financial instruments registered through distributed ledger technology fall under pre-existing European regulations.
DigitalDuke
Mon Feb 24 2025
The MiCA regulation, which stands for Markets in Crypto-assets, does not cover these instruments.
Claudio
Mon Feb 24 2025
MiCA is specifically designed for crypto-assets and does not apply to financial instruments registered through distributed ledger technology.
SamuraiWarriorSoul
Mon Feb 24 2025
Examples of such financial instruments include shares, bonds, and units or shares in UCITS.