GracjanPietras on Nostr: 🚨 We’re Introducing Bitcoin Legal Alerts! 🚨 Our goal is to help Bitcoiners ...

🚨 We’re Introducing Bitcoin Legal Alerts! 🚨

Our goal is to help Bitcoiners stay informed with concise, curated updates on important Bitcoin-related legal developments. Follow DJP | Doktór Jerszyński Pietras (npub1pmk…dckt) for valuable insights and essential information.

🔁 Repost to help fellow Bitcoiners stay updated!

#djp #BitcoinLegalAlerts

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🚨 **Will the MiCA Regulation Apply to Non-EU Bitcoin Firms?** 🚨

If you're a non-EU business providing Bitcoin-related services, the new MiCA Regulation could affect you. However, there’s an important **client-initiated** exception under Article 61 to be aware of!

🔑 **Key Takeaways**:

- No need for MiCA authorisation **if** an EU client *independently* requests your services.

- 🛑 **BUT**: You **cannot solicit or advertise** to EU clients – even indirectly – or you’ll need to comply with MiCA authorisation requirements.

- **Important**: Marketing new services to these clients later is also prohibited.

Stay informed! ESMA guidelines coming by December 2024 will provide further clarification on these rules.

#BitcoinDesk #MiCA #djp #BitcoinLegalAlert