Crypto-Assets under MiCAR and Financial Markets Law

This English-language edition of the successful German reference work Krypto-Assets und das Aufsichtsrecht (2nd revised edition, 2025) provides a comprehensive and practice-oriented analysis of the legal framework governing crypto-assets in Europe. The book covers the full spectrum of crypto-assets - from security, payment and utility tokens to MiCAR's new categories of ARTs, EMTs and Other Crypto-Assets (OCAs) - and explains the regulatory requirements for issuers and Crypto-Asset Service Providers (CASPs). Particular attention is given to the relationship between MiCAR, MiFID II and PSD II, enabling readers to confidently navigate the increasingly complex European regulatory environment. Whether you are a lawyer, compliance officer, regulator, financial institution, crypto service provider or academic, this book offers an authoritative and practical reference to one of the most significant developments in European financial market law. KEY FEATURES - Complete integration of the EU Markets in Crypto-Assets Regulation (MiCAR) - Comprehensive legal classification of crypto-assets - Detailed analysis of CASP regulation - Practical comparison with MiFID II and PSD II - Practice-oriented explanations with scientific depth - Essential reference for legal, compliance and financial market professionals