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Reverse Solicitation – Does MiCAR also Apply to Crypto Service Providers from Third Countries?
Under MiCAR, it will be practically impossible for crypto service providers from the USA, Switzerland or other third countries to serve European customers without a MiCAR license on the grounds of passive freedom to provide services. What exceptions will remain?
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Getting Ready for MiCAR – BMF Proposes Two New Regulations for the Transition to MiCAR
At the beginning of April 2024, the Federal Ministry of Finance published two new regulations for consultation, the MiCAR-TransitV and the MiCAR-AntragsV, which are intended to regulate the transition to the MiCAR-regime for CASPs. as of when can applications be submitted to BaFin?
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Crypto Service Providers in the DeFi Space – Is Money Laundering Regulation a Dealbreaker for an Engagement in Decentralized Finance?
Increasingly, regulated crypto asset service providers are also interested in DeFi business models. This should be helpful for the adoption of DeFi, but can crypto asset service providers legally conduct transactions in DeFi?