I participated in the panel "Navigating National Nuances Under MiCA: Exploring Local Advantages and Challenges Beyond the EU Framework" at the Token Summit in Liechtenstein.ย
Recent rumors have circulated about certain EU countries potentially blocking CASPs authorized in other member states, despite proper notification. This is clearly against the spirit of creating a single European market and the European Commission seems determined to step up against any such behaviour. While MiCAR is a directly applicable regulation, it's evident that there's still significant leeway for national interpretation. This can lead to variations in implementation across EU member states.
Many thanks for the engaging discussion withย Dr. Thomas Nรคgele {T}ย ofย NรGELE Rechtsanwรคlte GmbHย andย Christian Steinerย fromย Bitpanda, moderated byย Nathan Cataniaย fromย XReg Consulting.
This panel was a great lead-up to the MiCAR Expert Roundtableย Mariana de la Roche Willsย and I had organised the day after in Vaduz, where we further explored the discussions and insights shared on the panel, especially with Thomas and Christian joining us again.