For years, decentralisation has been heralded as the cornerstone of blockchain technology and one of the principal reasons why crypto-assets differ from traditional financial systems. It is a term frequently used in whitepapers, marketing material
Read more
The Financial Action Task Force (“FATF”) has launched a public consultation on its updated draft Guidance for implementing Recommendation 16. Regulators, financial institutions, virtual asset service providers (“VASPs”), and legal practiti
Read more
The Malta Financial Services Authority’s recent consultation on Decentralised Finance comes at a time when the digital assets market is becoming more serious, more regulated and more connected to traditional finance. Crypto is no longer only a s
Read more
In June 2026, the European Securities and Markets Authority (“ESMA“) published a letter outlining its strategic priorities for the coming regulatory cycle. While the communication is primarily addressed to European Union institutions,
Read more
The end of the Markets in Crypto-Assets Regulation (“MiCAR”) transitional period marks a defining moment for the European crypto-asset sector. From 1st July 2026, firms providing crypto-asset services in the European Union will need to be auth
Read more
The countdown to full Markets in Crypto-Assets Regulation ((EU) 2023/1114 (“MiCA”)) enforcement has officially begun. In a strong and unequivocal statement, the European Securities and Markets Authority confirmed that from 1 July 2026, any cry
Read more
On 10 June 2025, the European Banking Authority (“EBA”) issued a No Action Letter in the form of an Opinion (EBA/Op/2025/08), providing targeted supervisory guidance to national competent authorities (“NCAs”) designated under Directive (EU
Read more
The European Commission (the “Commission”) has adopted two important updates under the Markets in Crypto-Assets Regulation (“MiCA”). Delegated Regulation (EU) 2025/1125 (the “Delegated Regulation”) and Implementing Regulation (EU) 2025
Read more
The Malta Financial Services Authority (“MFSA”) has issued a position paper setting out its stance on the tokenisation of fund units within Collective Investment Schemes (“CIS”). This initiative aligns with the EU’s broader efforts to re
Read more
On the 10th of June 2025, the European Banking Authority (the “EBA”) published a No Action letter advising the European Union (“EU”) Commission, EU Council and EU Parliament to avoid dual authorisation under two EU legislative regimes. The
Read more
The introduction of the Markets in Crypto-Assets Regulation (“MiCA”) marks a pivotal shift in the regulation of digital assets across the European Union. For the first time, a unified framework governs crypto-asset service providers (“CASPs�
Read more
The Malta Financial Services Authority (“MFSA”) have published the Markets in Crypto-Assets (“MiCA’”) Rulebook, which applies to entities within the scope of the Markets in Crypto-Assets Act as well as amendments to Chapter 3 of the Fina
Read more
The cryptocurrency industry has long been marked by rapid innovation, regulatory uncertainty, and evolving global standards. In response to growing concerns over market stability, investor protection, and financial integrity, the European Union ha
Read more
The European Union’s Markets in Crypto-Assets Regulation (“MiCA”) has ushered in a new era for the crypto and FinTech sectors, providing a comprehensive framework for managing digital assets. The aim is to create legal certainty, protect inv
Read more
The European Union (“EU”) Markets in Crypto Assets Regulation (“MiCA”) marks a significant milestone in the regulation of crypto assets both within the content and outside. With its implementation MiCA introduces a harmonized framework aim
Read more
The Markets in Crypto-Assets Regulation (“MiCA”), which came into effect on 30th December 2024, marks a significant milestone in the financial sector. By addressing critical concerns such as consumer protection, market integrity, and financial
Read more
The financial sector is undergoing rapid transformation driven by FinTech innovations, which are reshaping traditional practices and introducing new ways of conducting business. Among these groundbreaking technologies, smart contracts have emerged
Read more
The Financial Intelligence Analysis Unit (FIAU) has initiated a consultation on the revision of the Implementing Procedures – Part II for the Virtual Financial Assets (VFA) Sector. This consultation is an essential part of ongoing efforts to str
Read more
The Draft Regulatory Technical Standards (“RTS”) for adjusting own funds requirements, focus on issuers of significant asset-referenced tokens (“ARTs”) and e-money tokens, introduced by the Markets in Crypto-Assets Regulation (“MiCA”).
Read more
With the rapid economic growth of the crypto-asset, regulatory authorities across the globe are struggling to catch up with the complex and often ambiguous nature of these digital innovations. The European Securities and Markets Authority (“ESMA
Read more
On the 29th of February the European Securities and Markets Authority (“ESMA”) issued a consultation paper to address the reverse solicitation provisions under the Markets in Crypto-Assets Regulation (“MiCA”). ESMA aimed to provide clarity
Read more