Cryptocurrency

Under MiCA, there are four categories of crypto-assets: Utility Tokens – Provide access to a current or potential product or service Asset-referenced Tokens – Stablecoins reference assets such as fiat to achieve stability. E-Money Tokens – Stablecoins are based on a single fiat currency. Other Crypto-Assets – A broad category This intricate classification enables the development of rules that are specifically designed for each form of crypto-asset. Comparing Global Crypto Rules: Fragmented Approaches vs. MiCA’s Cohesiveness Cryptocurrency regulations are dispersed on a global scale, with substantial inconsistencies among jurisdictions. The...