News & Analysis as of

Distributed Ledger Technology (DLT) Financial Regulatory Reform Cryptoassets

Troutman Pepper

Will Resiliency Carry the Digital Asset Sector Through 2024?

Troutman Pepper on

In 2023, the digital asset industry demonstrated remarkable resilience amidst significant challenges, including the dissolution of several digital asset financial services companies, numerous bank failures, and a $4.7 billion...more

A&O Shearman

MiCAR under the microscope - Part 3: The issuance of stablecoins under MiCAR: Scope and requirements

A&O Shearman on

The huge expansion of crypto-assets over recent years and the popularity of their underlying technology (distributed ledger technology (DLT) or blockchain) have come with their share of challenges, including a significant...more

Lathrop GPM

European Union Markets in Crypto Assets Legislation

Lathrop GPM on

The European Union’s (“EU”) “Markets in Crypto-Assets Regulation” (“MiCAR”) defines crypto-assets as digital assets that may depend on cryptography and exist on a distributed ledger. A basic taxonomy distinguishes between (1)...more

A&O Shearman

MiCAR under the microscope - Part 1: MiCAR is law

A&O Shearman on

The European Commission has chosen the path of regulation for crypto-assets. This is with the aim of supporting innovation and fair competition, and ensuring a high level of consumer and investor protection and market...more

Proskauer Rose LLP

Regulation Round Up - March 2023

Proskauer Rose LLP on

31 March - SFTR: The European Securities and Markets Authority (“ESMA”) published an updated version of its Q&As (ESMA74-362-893) on complying with reporting requirements under the Regulation on reporting and transparency...more

Dechert LLP

Countdown to MiCA: The EU’s cryptoassets regulation

Dechert LLP on

On 30 June 2022, the European Council (Council) and the European Parliament (Parliament), announced that they had reached a provisional agreement on the proposal for regulation on markets in cryptoassets (MiCA), which covers...more

Cadwalader, Wickersham & Taft LLP

The UK’s Plan to Become a Global Crypto Hub

On April 4, 2022, the UK government announced plans to become a “global hub” for the cryptoasset industry with proposals for the regulation of stablecoins, development of an NFT (non-fungible token) issued by the Royal Mint,...more

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