Financial Regulatory News
Financial Regulatory News

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Crypto Regulation

McDermottTech 2022 – Recap

From crypto, NFTs and blockchain technologies, to ethics in artificial intelligence, outsourcing and cloud deals, to trends in IP protection and enforcement in the metaverse: Together, we discussed some of the latest global trends in the technology industry at this year’s McDermottTech.

Interested in the content of our panels? Click here for the videos of our panels. You can also download the PowerPoint presentation
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FinTech Market: Regulation of crypto assets in Germany and the EU

In this webinar, Renate Prinz and Annabelle Rau provide an overview of the current regulatory land-scape for crypto assets and crypto service providers in Germany, also taking a look at the European level, where uniform legislation for the regulation of crypto-assets is coming soon. The following fur-ther topics will be covered:

  • Regulatory classification of crypto-assets in Germany.
  • Licensing requirements in connection with crypto-assets and crypto-services
  • Overview of the regulatory requirements for entities regulated in Germany
  • Draft European crypto regulation, in particular the Markets in Crypto-Assets Regulation (“MiCAR”).
  • Passporting of licenses within the EU
  • [...]

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Article in Libra: EU creates uniform rules for dealing with crypto assets

In their latest article for “Libra – das Rechtsbriefing”, Renate Prinz and Annabelle Rau present the main contents of the new “Markets in Crypto-Assets Regulation” (MiCAR), which the European Council, the EU Parliament and the EU Commission recently agreed on.

Click here to read the entire [...]

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EU Trilogue agreed on Markets in Crypto Assets Regulation (“MiCAR”)

The trilogue agreed on the final text for the Markets in Crypto Assets Regulation (“MiCAR“) on June 30, 2022, which now needs to be adopted by the member states (click here for the press release).

  • MiCAR will for the first time create a single European legal framework for crypto assets, crypto issuers and service providers. Crypto assets have been regulated in a predominantly inconsistent manner in Europe to date.
  • MiCAR provides for specific requirements for Utility Token, Value-Referenced Token and E-Money Token. It does not include Security Tokens, which are already subject to existing EU financial services regulations, [...]

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