New regulation of crypto-assets in the European Union as an opportunity and a threat for entrepreneurs

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989592%3A15220%2F25%3A73631101" target="_blank" >RIV/61989592:15220/25:73631101 - isvavai.cz</a>

Result on the web

<a href="http://dx.doi.org/10.1007/978-981-96-4116-1_50" target="_blank" >http://dx.doi.org/10.1007/978-981-96-4116-1_50</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/978-981-96-4116-1_50" target="_blank" >10.1007/978-981-96-4116-1_50</a>

Result language

angličtina

Original language name

New regulation of crypto-assets in the European Union as an opportunity and a threat for entrepreneurs

Original language description

The legal regulation of crypto-assets is a new area, so far unregulated or regulated only very generally. Simultaneously, the European Union is a prizewinner in this area, as it is one of the first to try to regulate these issues comprehensively. The new regulation in the European Union in the form of Markets in Crypto-Assets Regulation (MiCA Regulation) has been set to become effective from 30.12.2024, with some rules having already become effective six months earlier. This new legislation introduces significant new requirements, particularly for en-tities operating on crypto-assets markets, such as consumer protection, infor-mation and record-keeping issues. The aim of this article has been to analyze the MiCA Regulation in detail in relation toabout the duties that have been newly in-troduced especially for entrepreneurs and to highlight the most significant chang-es using selected examples. This article employs a qualitative research approach to analyze the MiCA Regulation in detail, focusing on the new duties introduced for entrepreneurs. The study includes a thorough review of the regulatory texts, complemented by a treatise that illustrate illustrates the most significant changes. The analysis of the MiCA Regulation reveals several key findings. First, the reg-ulation introduces stringent compliance requirements. New reporting and opera-tional obligations pose challenges but also provide opportunities for increased transparency and investor confidence. The most notable changes include en-hanced consumer protection measures and stricter anti-fraud regulations, which could ultimately foster a more secure market environment.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50501 - Law

Project

<a href="/en/project/GA24-12864S" target="_blank" >GA24-12864S: Crypto Assets as a Threat to the Sovereign</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2025

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

New Challenges of the Global Economy for Business Management

ISBN

978-981-9641-16-1

ISSN

2198-7246

e-ISSN

2198-7254

Number of pages

15

Pages from-to

"791–805"

Publisher name

Springer

Place of publication

Singapore

Event location

Da Nang, Vietnam

Event date

Nov 27, 2024

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

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