The Markets in Crypto Assets Regulation (MiCAR) is the first package of European legislation that was enacted to regulate cryptocurrencies and related services. The EU saw the need for specific rules addressing market abuse in crypto-assets to “ensure confidence (âŚ) and integrity of those markets.” This is justified by the fact that many âissuers of crypto-assets and crypto-asset service providers are very often SMEsâ. Applying the full scope of Regulation (EU) No 596/2014 on market…
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