Europe goes Crypto (Part V) – The E-Money Token According to MiCAR
According to MiCAR, e-money tokens will in future represent a specific form of crypto assets and will therefore also be regulated as such. Nevertheless, the legislator is trying to additionally squeeze e-money tokens into the traditional e-money regulation.
European Crowdfunding Service Provider Regulation: Alternative for Token Offerings Without Prospectus?
The new European Crowdfunding Service Provider Regulation is in effect since the beginning of November. It provides considerable advantages for token sale projects with a volume of up to 5 million euro.
E-money on a Blockchain?
Most publications covering cryptocurrencies and e-money come to the conclusion that Bitcoins cannot be classified as e-money in the sense of the German Payment Services Act (ZAG) because of the fact that there is no emitter who issued the coins in the first place while such emitter is a prerequisite to the e-money definition according […]
