In a follow-up to the HCLA White Paper Part A on crypto-asset legalization within the European Union, the HCLA has prepared Part B of the White Paper. In contrast to Part A, which focused on the process leading up to the EU flagship legislation for crypto-assets, MiCA, alongside the legal obligations incumbent upon issuers of crypto-assets, ART’s, and E-MTs, Part B will focus on general and specific legal obligations incumbent on CASPs and the empowerment of the NCA’s to investigate and process infringements tied to MiCA.
Even though MiCA will not be in force until 2024, the boldness of the intended objective, namely, to create a harmonized framework for handling crypto-assets in the EU, will have a vast impact on all crypto-asset related businesses operating in the EU, and non-EU businesses with crypto-asset transactions and/or interests within the EU.
You can access our White Paper, Part B, at the HCLA website
