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EU releases crypto asset classification consultation guidance document to help companies comply with MiCA

CointimeCointime2024/07/19 15:13
By:Cointime

The European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA) have released a consultation guide that allows relevant market participants to classify cryptocurrencies and digital assets under MiCA, including determining whether a token is subject to MiCA regulation based on issue prompts such as who the issuer is, whether it is based on blockchain, and whether it is a financial instrument. (Cointelegraph)

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