Article
MiCAR In Practice: Lessons From CASP Notifications And License Applications
MiCAR introduces two distinct pathways for entities seeking to offer crypto-asset services in the EU: a comprehensive CASP license for new entrants and a streamlined notification procedure for already-regulated financial institutions. While the notification route promises faster market access, practical experience reveals that Dutch regulators demand the same rigorous documentation standards regardless of which path an applicant chooses.
Loyens & Loeff