Crypto Assets, Services, And NFTs Excluded From EU MiCA Regulations
Not All Utility Tokens Comes Under MiCA’s Regulations The EU MiCA regulation has garnered immense attention as a landmark regulatory framework for the crypto industry. Designed to comprehensively address the complexities of crypto assets, it has become a focal point for discussions within the global cryptocurrency community. Hansen’s insights offer a closer look at key exemptions under MiCA, highlighting activities that won’t require regulatory approval. advertisement Hansen first points out that utility tokens designed and utilized within specific networks are exempt from MiCA’s provisions. Additionally, crypto-asset offerings that cater to fewer than 150 individuals per EU member state or solely to qualified investors, totaling under 1 million EUR in a 12-month period, fall beyond MiCA’s scope. Furthermore, digital assets that are non-transferable are not subject to MiCA ’s regulatory framework. Notably, lending and borrowing ...