#CryptoRegulation WHAT IS THE ROLE OF THIS REGULATION?

Regulation (EU) 2023/1114 establishes uniform rules for issuers of cryptoassets that have not been regulated until now by other acts of the European Union (EU) regarding financial services and for providers of services related to such cryptoassets (cryptoasset service providers).

The rules aim at:

transparency and information requirements for the issuance, public offering, and admission of cryptoassets on a trading platform;

authorization and supervision of cryptoasset service providers and issuers of tokenized assets and electronic money tokens;

the operation, organization, and governance of issuers and providers of cryptoasset services;

the protection of cryptoasset holders and the clients of service providers;

measures to prevent the abusive use of insider information, illegal disclosure of insider information, and market manipulation.