The future of MiCA: Our key insights

Explore the evolving landscape of cryptocurrency regulation with our latest podcast, featuring the insights of Gordon Ritchie and Koen van Leeuwen.

11 December 2024

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This engaging episode sheds light on the complexities and challenges facing the crypto industry today, offering valuable perspectives for professionals navigating this dynamic space. Here's what to expect:

Navigating Diverse Regulatory Waters: Discover how jurisdictions differ in their treatment of tether and electronic money tokens (EMTs) under MiCA regulations. Gordon and Koen dissect the contrasting approaches of major platforms, providing a roadmap for navigating these regulatory divides.

Mastering Compliance Challenges: Learn about the hurdles firms encounter in aligning with MiCA's requirements, including the provision of links to crypto asset white papers. Our speakers delve into the implications of these challenges and the paramount importance of prioritising client interests in a compliant manner.

Understanding Authorisation Nuances: Gain insights into the practical aspects of the authorisation process, as Gordon and Koen highlight how local regulators' positions on specific tokens can significantly impact the licensing journey for firms in the crypto space.

Deciphering Payment Services Uncertainty: Unpack the inconsistencies in regulatory approaches to payment services related to EMTs across different jurisdictions. This discussion points to the urgent need for clarity and the potential implications of the forthcoming PSD3 regulation for the industry.

Evaluating Regulatory Interpretations and Their Impact: Despite the goal of harmonising regulations across the EU, our experts conclude that significant differences in interpretation by national authorities remain. They encourage firms to carefully consider their jurisdictional base to navigate the varied regulatory landscape effectively.

As MiCA comes into effect at the end of the year, this podcast is a must-listen for professionals seeking to deepen their understanding and strategise effectively in the face of regulatory complexities.

Challenges of MiCA

This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.