Issuance of Stablecoins with a Value of up to EUR 5 Million – What Advantages Does MiCAR Offer Small ART Issuers?
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?
Tether, Terra, Digix Gold – Are Stablecoins Financial Instruments Pursuant to German Supervisory Law?
Stablecoins offer a stable alternative in the extremely volatile crypto market. They are therefore suited as an alternative means of payment and moreover to preserve value in the crypto market. But are they also qualified as financial instruments as traditional cryptocurrencies are?
