EMT
MiCA (Markets in Crypto-Assets Regulation)
The European Union's comprehensive regulatory framework for crypto-assets, establishing three asset categories, CASP authorization with EU passporting rights, stablecoin reserve requirements, and ESMA oversight.
Stablecoin
A crypto asset designed to maintain a stable value relative to a reference asset, typically a fiat currency, through reserve backing, algorithmic mechanisms, or a combination of both.
Token Classification Frameworks
Comparative analysis of how major jurisdictions classify crypto tokens into regulatory categories, determining which legal requirements apply to each token type.