Utility Tokens in Transition – Legal Nature Under the German Banking Act (KWG) and MiCAR
Utility tokens are no longer what they used to be. Since MiCAR came into force, utility tokens have been clearly defined in legal terms and, in certain cases, can unlock attractive regulatory advantages for their issuers and providers.
Utility Tokens in MiCAR – What Are the Differences to the Current German Regulation?
MiCAR introduces a new and Pan-European concept of crypto assets, which differs strongly in its definition from the German crypto asset concept. What impact will this have on the handling of utility tokens?
