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FinTech European Union

A&O Shearman

ESMA publishes Q&As under MiCAR

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The European Securities and Markets Authority (ESMA) has published two Q&As under the Markets in Crypto-assets Regulation (MiCAR), providing further guidance on the application of MiCAR to crypto-asset service providers...more

A&O Shearman

ECB publishes final guide on outsourcing cloud services

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The European Central Bank (ECB) has published its final guide on outsourcing cloud services, following from a July 2024 consultation. Feedback on the consultation is set out in an accompanying feedback statement. The guide...more

Goodwin

The Liability of Crypto-Asset Service Providers for Failure to Register With the AMF: Civil Consequences of Regulatory...

Goodwin on

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

Walkers

EU CryptoReg Roundup July 2025

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Welcome to our EU crypto update - a roundup of key Irish and EU legislative and regulatory developments shaping the crypto-asset sector....more

Jones Day

Stablecoins: Revolutionizing Global Finance?

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Following the recent focus on two major regulatory frameworks—the Guiding and Establishing National Innovation for U.S. Stablecoins Act (known as the GENIUS Act) in the United States, and Regulation (EU) 2023/1114 of the...more

A&O Shearman

ESMA publishes final guidelines under MiCAR for CASP staff providing crypto-asset information

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The European Securities and Markets Authority (ESMA) has published its final guidelines under the Markets in Crypto-Assets Regulation (MiCAR) specifying the criteria for assessing the knowledge and competence of staff at...more

A&O Shearman

ESMA statement advises CASPs on mitigating investor risks over unregulated products

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The European Securities and Markets Authority (ESMA) has issued a public statement addressed to crypto-asset service providers (CASPs) that offer both regulated and unregulated services under the Markets in Crypto-Assets...more

A&O Shearman

ESMA publishes new guidelines under MiCAR to prevent and detect market abuse

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The European Securities and Markets Authority (ESMA) has published official translations of its guidelines on supervisory practices to prevent and detect market abuse under the Markets in Crypto-Assets Regulation (MiCAR). The...more

A&O Shearman

ESMA announces first CTP for bonds in the EU

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The European Securities and Markets Authority (ESMA) has announced the selection of Ediphy (fairCT), a fintech company, as the first consolidated tape provider for bonds in the EU. The decision marks a significant step...more

A&O Shearman

Council of the EU agrees position on PSD3

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On June 18, 2025, the Council of the European Union (EU) took a significant step forward in modernising the EU’s payment services framework by formally agreeing on its negotiating mandate for the Payment Services Directive 3...more

Goodwin

DLT Pilot Regime: ESMA Report Highlights Legal Hurdles and Regulatory Next Steps

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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

Skadden, Arps, Slate, Meagher & Flom LLP

UK and EU H1 Digital Assets Regulatory Update

The first half of 2025 brought significant developments in the regulation of digital and cryptoassets in the UK and EU. In this half-year update, we review these and look ahead to likely developments in the UK and EU in the...more

Ropes & Gray LLP

European restructuring in 2025: four trends shaping the legal landscape

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At the GRR: Women in Restructuring 2025 conference, leading practitioners dissected the year’s most significant developments in global insolvency and restructuring. Here, we distill the essential legal and market insights...more

Skadden, Arps, Slate, Meagher & Flom LLP

MiCA Update – Six Months in Application

The Markets in Crypto-Assets Regulation (MiCA) has now been in full effect for six months. This landmark piece of legislation, which is designed to create a harmonized regulatory framework for cryptoassets across the EU,...more

A&O Shearman

ESMA report proposes amendments to DLT pilot regime for permanent adoption

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The European Securities and Markets Authority (ESMA) has published a report, accompanied by a press release, on the functioning and review of the Distributed Ledger Technology (DLT) pilot regime. The DLT pilot regime allows...more

A&O Shearman

FATF updates standards on payment transparency

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The Financial Action Task Force (FATF) has published revised standards and an accompanying explanatory note, updating its comprehensive framework on recommendations to strengthen global efforts in anti-money laundering,...more

Hogan Lovells

PSD3: COREPER approves Council of EU’s amended PSD3 and PSR texts, paving the way for inter-institutional negotiations on final...

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As with the European Parliament’s April 2024 adopted texts, the Council of the EU’s proposed amendments to the European Commission’s June 2023 legislative proposals touch on some significant areas of interest for payment...more

A&O Shearman

ECB Decision (EU) 2025/1148 on access by Non-Bank Payment Service Providers to TARGET published in OJ

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The Decision (EU) 2025/1148 of the European Central Bank (ECB) adopted on 2 June, has been published in the Official Journal of the European Union. This decision amends Decision (EU) 2025/222 concerning access by non-bank...more

A&O Shearman

EBA opinion on PSD2 and MiCAR

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The European Banking Authority (EBA) has issued an opinion (referred to as the No Action letter) in response to a request from the European Commission (EC) in December 2024, on the interplay between Payment Services Directive...more

A&O Shearman

Further suite of technical standards supplementing MiCAR published in the OJ

A&O Shearman on

Three Commission Delegated Regulations supplementing Regulation (EU) 2023/1114 (the EU Markets in Crypto Assets Regulation) (MiCAR) have been published in the Official Journal of the European Union, namely: - Commission...more

Morgan Lewis

E-Money Tokens: European Banking Authority Clarifies PSD2-MiCA Interplay – Implications for CASPs

Morgan Lewis on

Barely a year after the entry into application of MiCA, the European Banking Authority published a "No-Action Letter" aimed at securing the applicable regime for cryptoasset service providers operating in relation to e-money...more

Barnea Jaffa Lande & Co.

DORA for Tech Vendors - What You Should Know (But Haven’t Asked)

DORA (Digital Operational Resilience Act) is an EU regulation that sets rules for how financial entities manage ICT (Information and Communication Technology) risks. It covers areas like cyber resilience, incident reporting,...more

Davis Wright Tremaine LLP

Food Venture Financing News - Weekly Issue No. 238

Butternut Box, a European dog food startup, announced that it raised 75 million Euros in debt funding. Verdi, a Canadian agtech startup, raised $6.5 million in its seed round....more

A&O Shearman

IOSCO publishes final reports on finfluencers, online imitative trading practices and digital engagement practices

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The International Organization of Securities Commissions (IOSCO) has published final reports on finfluencers, online imitative trading practices and digital engagement practices, accompanied by a press release. These reports...more

Latham & Watkins LLP

The LathamTECH Podcast — Where Digital Assets Slot Into a Shifting Fintech Regulatory Landscape: Insights From the US, UK, and EU

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The global fintech industry finds itself experiencing a sea change. The US seems on the cusp of regulatory changes, as the Securities and Exchange Commission shifts its attitude toward digital assets under a new...more

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