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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.
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Do Issuers of Crypto Assets Require a PRIIPs KID in Addition to the MiCAR White Paper?
The PRIIPs Regulation requires issuers of packaged retail investment products to prepare a key information document. The legal nature of the product is irrelevant. Can the obligation to publish a PRIIPs KID also apply to token issuances?
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Europe goes Crypto (Part III) – The MiCAR White Paper
Pursuant to the new MiCAR, crypto-asset offerors will be required to publish a comprehensive white paper prior to the public offering of the tokens or prior to a listing on a crypto trading platform. Which information must be set out in such white papers?
