Regulation·
The Whitepaper Obligations MiCAR Places on CASPs
MiCA whitepaper duties for CASPs: Article 5 routes, ESMA Q&A 2654, the 31 Dec 2027 legacy deadline, no-issuer tokens and iXBRL — explained in practice.
Expert insights on the Markets in Crypto-Assets Regulation and its impact on the digital asset ecosystem.
MiCAR Whitepapers Europe and KGP Legal LLC, a Singapore-licensed firm of advocates and solicitors with a leading crypto-asset practice, announce a strategic collaboration giving token issuers EU MiCAR whitepapers and Singapore token-classification legal opinions through a single workflow.
Read more
Yamal Kalaf (Mr.), LL.M.
Co-Founder, MiCAR Whitepapers Europe
Lin YingXin (Mr.), LL.B. (SMU) (Hons)
Director · Head of Corporate Practice · Advocate and Solicitor (Supreme Court of Singapore) · KGP Legal LLC
MiCA whitepaper duties for CASPs: Article 5 routes, ESMA Q&A 2654, the 31 Dec 2027 legacy deadline, no-issuer tokens and iXBRL — explained in practice.
MiCA replaced the ICO with the "offer to the public." What triggers a whitepaper, which exemptions really hold, and how self-hosted Sonar sales fit the rules.
The EU's 2026 MiCA review consultation reopens token classification and whitepaper rules. What issuers should know, and do, before 30 September 2026.
A smart contract audit is not, in most cases, a legal precondition for offering a token in the EU, but the MiCAR whitepaper template asks the audit question anyway. Hashlock and MiCAR Whitepapers Europe explain how audits and MiCAR disclosure fit together, and why running them as one workstream produces a stronger launch.
A curated DeFi yield vault that pools deposits, follows a curator-set strategy and issues a redeemable share token will, on most fact patterns, sit inside MiCAR, AIFMD or MiFID II. Here is how EU law characterises these arrangements, and where the regulatory exposure sits for teams touching EU users.
Prediction markets are banned or restricted across most EU Member States as unlicensed gambling or illegal derivatives. MiCA's whitepaper obligation may be the first regulation to force these platforms into formal compliance, or out of the EU entirely.