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Faster code thanks to AI, but on unstable legal ground? How legal risks and security gaps can be mitigated.

Grandfathering is not entirely uniform in MiCAR, but leaves member states leeway in determining the maximum duration of transition periods. EU member states have made extensive use of this, which can cause problems for CASPs operating across the EU.

As AI-based investment tools become more and more popular, the question of their regulatory classification arises. What is the current legal situation and what are the consequences for providers?

The issuance of stablecoins is strictly regulated under MiCAR by the provisions on Asset-Referenced Tokens. However, there are exemptions, in particular for issuances not exceeding the equivalent of EUR 5 million. How far-reaching are the exemptions for such issuances?

Since the beginning of the year, crypto custody has been regulated by MiCAR, and the German regulation of crypto custodians according to the KWG has been replaced. However, a small sub-area remains at the national level and in individual cases this can affect NFT.

DORA aims to minimize risks from digital transformation, but implementing its complex requirements remains a hurdle for many financial enitites. Further interpretation guidance and practical tools are urgently needed.

The current draft of the lacking regulatory technical standards (RTS) for DORA still contains some ambiguities, particularly regarding the classification of financial entities as ICT third-party service providers. EIOPA has now issued interpretation notes to reduce these ambiguities. There has also been movement on the subject of RTS for subcontracting. An overview.

Token sales are usually massively digitally advertised and often in creative ways. However, marketing communications for public offerings of crypto assets are now very strictly regulated under MiCAR. What do providers need to consider in this regard?

Artificial intelligence (AI) is penetrating more and more areas of life and the economy. AI-as-a-Service (AIaaS) as a cloud-based service is subject to its own legal peculiarities, not least due to the European AI Act. An overview:

Die DORA gilt seit dem 17. Januar 2025 und schon bis zum 11. April 2025 müssen Finanzunternehmen ihre Informationsregister gemäß DORA-Vorgaben bei der BaFin einreichen. Finanzunternehmen sollten sich frühzeitig vorbereiten und sicherstellen, dass die Register formgerecht eingereicht werden.

How are wrapped tokens and token bridges regulated under MiCAR? What obligations apply to providers and issuers and are there possibilities to realize a token bridge outside the scope of MiCAR?

How are wrapped tokens and token bridges regulated under MiCAR? What obligations apply to providers and issuers and are there possibilities to realize a token bridge outside the scope of MiCAR?