What Markets in Crypto-Assets Regulation (MiCA) - Article 16: Authorisation requires
Prohibits any person from offering an asset-referenced token to the public or seeking its admission to trading within the EU unless they are the issuer and have been properly authorised as either a legal entity or a credit institution.
Pillar: Crypto & Sovereign Finance · Authority: European Parliament and Council of the European Union · Version: 1.0.0 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32023R1114
SHA-256 integrity: d27767a47a295da6ab6b5253f37ccd9e240d5391e806ad023316996cf383f28e
Primary Citations — 5 traced to source
- Article 16(1): A person shall not make an offer to the public, or seek the admission to trading, of an asset-referenced token, within the Union, unless that person is the issuer of that asset-referenced token...
- Article 16(1)(a): ...a legal person or other undertaking that is established in the Union...
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