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

2024-07-19 14:07
Odaily News The European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA) have issued a consultation guidance document that allows relevant market participants to classify cryptocurrencies and digital assets under MiCA, including determining whether a token is subject to MiCA regulation through question-based prompts, such as who the issuer is, whether it is based on a blockchain, and whether it is a financial instrument. (Cointelegraph)