DJP | Doktór Jerszyński Pietras on Nostr: 🚨 **Will the MiCA Regulation Apply to Non-EU Bitcoin Firms?** 🚨 If you're a ...
🚨 **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
Published at
2024-10-08 09:42:22Event JSON
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"content": "🚨 **Will the MiCA Regulation Apply to Non-EU Bitcoin Firms?** 🚨\n \nIf 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!\n \n🔑 **Key Takeaways**:\n \n- No need for MiCA authorisation **if** an EU client *independently* requests your services.\n\n- 🛑 **BUT**: You **cannot solicit or advertise** to EU clients – even indirectly – or you’ll need to comply with MiCA authorisation requirements.\n \n- **Important**: Marketing new services to these clients later is also prohibited.\n \nStay informed! ESMA guidelines coming by December 2024 will provide further clarification on these rules.\n \n#BitcoinDesk #MiCA #djp #BitcoinLegalAlert\n \nhttps://nostrcheck.me/media/0eec9b8bc332c597806cca10652051542b74127235cda4f31a1da153583add91/41a49ebe2f3997b063bc2ed1e9eb6f66a1ea53e541ce00f5d44a3b397d2692a5.webp",
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