No Tied Agents Under MiCAR – How Do Liability Umbrellas and Contractually Tied Agents Have to Prepare for MiCAR?
Tied agents can currently provide regulated crypto-asset services in Germany under the liability umbrella of a supervised institution without requiring an own license. However, MiCAR no longer provides for this concept. How can liability umbrellas and tied agents respond to this?
Crypto-Asset Services in MiCAR – Which Activities will be Subject to Authorization under MiCAR?
The text for the Markets in Crypto Assets Regulation (MiCAR) has recently been finalized. As soon as the new regulation applies, the provision of crypto-asset services in the EU will be subject to authorization. But which activities does this actually affect exactly?