The judgment delivered by the Court of Appeal of Grenoble on 26 June 2025 marks a significant development in the jurisprudence concerning the liability of digital asset service providers (DASPs)....more
8/4/2025
/ AML/CFT ,
Corporate Liability ,
Crypto Exchanges ,
Cryptoassets ,
Digital Assets ,
Digital Service Providers ,
EU ,
FinTech ,
France ,
Harmonization Rules ,
Internet Service Providers (ISPs) ,
Liability ,
Noncompliance ,
Registration Requirement ,
Regulatory Oversight ,
Regulatory Requirements
On 25 June 2025, the European Securities and Markets Authority (ESMA) published its first comprehensive review of the Distributed Ledger Technology (DLT) Pilot Regime, a regulatory sandbox designed to test blockchain-based...more
7/10/2025
/ Blockchain ,
Distributed Ledger Technology (DLT) ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Financial Regulatory Reform ,
FinTech ,
Pilot Programs ,
Regulatory Oversight ,
Regulatory Requirements ,
Sandbox ,
Securities Regulation
As of May 27, 2025, Meta (Facebook and Instagram) will start using some of the personal data of European users to train its artificial intelligence (AI) systems, including tools such as Meta AI and Llama language models....more
As part of the implementation of the European Markets in Crypto-Assets Regulation (MiCA), the French Financial Markets Authority (AMF) has announced its compliance with six sets of guidelines adopted by European Supervisory...more
5/15/2025
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Crypto Exchanges ,
Cryptoassets ,
Digital Assets ,
EIOPA ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Financial Institutions ,
Financial Instruments ,
Financial Regulatory Agencies ,
France ,
MiFID II ,
Regulatory Oversight ,
Regulatory Requirements ,
UCITS
Published on April 29, 2025, the ESMA final report (ESMA75-453128700-1408) outlines the guidelines (Guidelines) for competent national authorities (NCAs) to prevent and detect market abuse in the context of the Markets in...more
5/6/2025
/ Blockchain ,
Crypto Exchanges ,
Cryptoassets ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Regulatory Reform ,
Market Abuse ,
New Regulations ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Management
On September 19th, 2024, the CSSF published its 2023 annual report, highlighting key regulatory challenges, particularly in the realm of crypto-assets following the implementation of the Markets in Crypto-Assets Regulation...more
9/25/2024
/ AML/CFT ,
Annual Reports ,
Banking Sector ,
Consumer Financial Products ,
Consumer Protection Laws ,
Cross-Border Transactions ,
Cryptoassets ,
EU ,
European Supervisory Authorities (ESAs) ,
Financial Action Task Force ,
Financial Markets ,
Luxembourg ,
New Regulations ,
Prudential Standards ,
Regulatory Oversight ,
Securities Tokens ,
Supervision
In our previous alert “Acquiring or Investing in EU Crypto-Asset Businesses: MiCA’s Impact,” we discussed the impact of the European Union (EU) Markets in Crypto-Assets Regulation (MiCA) on the acquisition or investment in EU...more
4/18/2024
/ Acquisitions ,
Anti-Money Laundering ,
Cryptoassets ,
Digital Assets ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Investment ,
Popular ,
Regulation Technical Standards (RTS) ,
Regulatory Oversight ,
Regulatory Standards