| 11.03.2024 Other Voices: Crypto-assets versus financial instruments - How to tell them apart |
| By Johannes Wirtz, Slawomir Szepietowski, Filip Windak and Rafal Wloczka from international law firm Bird & Bird. On 29 January 2024, the European Securities and Markets Authority (ESMA) published a Consultation Paper on the Draft Guidelines on the delimitation of crypto assets from financial instruments. This distinction is important, given that MiCAR clearly stipulates that crypto-assets q |
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