On 24th September 2020, the EU Commission has published a package of legislative
proposals with the aim to create an EU framework on markets in crypto-assets, tokenisation …

EU financial law has a problem with its most basic building-block, the concept of'financial
instruments'. The importance of clearly defining this term has been compounded with the …

MiCA is part of the 'digital finance package', a package of measures to further enable and
support the potential of digital finance in terms of innovation and competition while mitigating …

The impact of the current and upcoming regulations on the distributed ledger technology
industry is expected to be significant, as security and financial concerns are important for …

Elsewhere in Europe, in 2019, France enacted a comprehensive legislative framework for
digital assets entitled Plan d'Action pour la Croissance et la Transformation des Entreprises …

The emergence of blockchain, other distributed ledger technologies ('DLT') and the potential
of asset tokenization has led to a lot of attention in the past three years. Despite 'ICO scams' …

Abstract 243 On 29 June 2023, the long-awaited Regulation on markets in crypto-assets
(MiCAR) came into force. It is the first comprehensive framework for DLT-based units (tokens …

Digital finance can broadly be defined as financial services and instruments that use or are
based on new information and communication technologies (ICT). A wide range of …

Although crypto-asset and distributed ledger technology (DLT) applications have been
increasingly piloted and rolled out in the European Union (EU), areas of regulatory …

Over the past decade, we have witnessed a gradual and rapid rise of crypto assets on the
global scene. Precisely because of the ever-increasing number of investors, the need was …