Carole Schmidt

Jul 17, 2024 | lexology.com | Anna Lewis-Martinez |Carole Schmidt |Alice Brennan

On 5 July, the European Banking Authority (EBA) published a statement on the application of the Markets in Crypto-assets Regulation (MiCAR) to issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs), along with a document setting out the key topics for supervisory attention across the EU for issuers of ARTs/EMTs in 2024/2025. Both documents aim to promote the timely and consistent application of MiCAR. The MiCAR ART/EMT regime has applied since 30 June 2024.