Implementation of the Markets in Crypto-assets Regulation (MiCAR): A Jurisdictional Comparison

With the Markets in Crypto-Assets Regulation (MiCAR) (Regulation (EU) 2023/1114) becoming fully applicable by the end of this year, crypto-asset service providers seeking to offer their services across the EU now need to consider which jurisdiction is most suitable for them to file their CASP authorisation applications and the extent to which they can avail of national transition regimes.

In this document, our global Digital Assets and Blockchain (DAB) team sets out a comparative guide across France, Italy, Ireland, Germany, the Netherlands, and Spain, covering a number of relevant factors including: 

  • the status of national implementation of MiCAR,
  • timing considerations such as transitional regimes and estimated timings for CASP authorisation applications under MiCAR, and
  • the number of virtual asset service providers registered under existing regimes.

Access the guide by clicking the 'download' button below. 

For more information, please feel free to contact a member of the team or visit the Hogan Lovells Digital Assets and Blockchain Hub for additional resources.

 

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Authored by Dr Sébastien Gros, Elisabetta Zeppieri, Eimear O'Brien, Max von Cube, Janelle de Ruiter, Carlos Carbajo Amigó, and Christina Wu.

Contacts
John Salmon
Partner
London
Sharon Lewis
Partner
Paris
Sebastien Gros
Partner
Paris
Jeffrey Greenbaum
Partner
Rome
Elisabetta Zeppieri
Counsel
Rome
Eoin O Connor
Managing Partner
Dublin
Eimear O'Brien
Partner
Dublin
Richard Reimer
Partner
Frankfurt
Max von Cube
Senior Associate
Frankfurt
Janelle Ruiter
Senior Associate
Amsterdam
Carlos Carbajo
Associate
Madrid
Christina Wu
Associate
London
Lavan Thasarathakumar
Senior Advisor
London

 

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