MiCA: Classification of Cryptoassets

An overview of delegated acts, technical standards, and guidelines regarding classifying cryptoassets.
Last updated December 2024.

Guidelines on templates for explanations and opinions, and the standardised test for the classification of cryptoassets including ARTs

Status: Final text published — to be adopted
Source: ESAs (ESMA, EBA, and EIOPA)

Guidelines on the conditions and criteria for the qualification of cryptoassets as financial instruments

Status: Final text published — to be adopted
Source: ESMA

SMSG advice to ESMA on its consultation papers on reverse solicitation and the qualification of cryptoassets as financial instruments under MiCA

Status: N/A
Source: SMSG

Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.