New regulation for crypto assets in force
The European Regulation on the Crypto assets Market (MiCA) establishes “uniform rules throughout the European Union (EU)” on the trading of crypto assets, the provision of services and also the prevention of market abuse, indicates the Securities Market Commission (CMVM), in an informative note.
This regulation does not apply to all crypto assets, leaving out unique and non-fungible assets, known as NFTs (‘non-fungible tokens’).
MiCA aims to ensure that investors are better informed about the risks and that entities operating in this sector are subject to regulation and supervision, namely by creating protection mechanisms in the event of the provider’s insolvency, also making it possible to make complaints free of charge….
