DeFi

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?

MiCAR is initially intended to regulate the crypto market only by imposing stricter rules and obligations on centrally acting players. DeFi models are generally not to be included. But when is a service really considered to be decentral in the sense of MiCAR?

Over the last couple of years crypto lending has become a popular method to generate passive income via DeFi. But can the participation in smart contract based crypto lending trigger obligations to obtain authorization for the participants?

For several month now, projects that provide applications within the decentralized financial markets continue to gain in significance. The buzzword Decentralized Finance or its abbreviation DeFi relates to smart contract applications (DApps), which enable users to conduct business on the financial markets without the need of a central service provider. The most prominent examples are […]