You’re building on-chain in the European Union. Whether what you issue counts as a financial product decides most of what follows.
Information, not advice
This page is information, not legal advice about your matter. A retainer begins only when a lawyer confirms it.
Start here
Work out what your asset legally is, first
Whether MiCA or MiFID II applies decides your authorisation, your disclosures, and what you may say publicly.
What to work through, in order
Characterising the asset
Whether MiCA or MiFID II governs. Asset-referenced and e-money tokens carry heavier requirements than other crypto-assets, including reserve and redemption rules.
Custody and who holds the keys
MiCA sets out custody and administration obligations, including segregation, liability for loss and a custody policy. Liability for lost assets sits with the provider.
Tax treatment
Treatment differs by member state, but DAC8 introduces harmonised reporting for crypto-asset service providers across the bloc from 2026.
Next steps
What happens if you go ahead
Scoping call
Written scope and fixed-fee quote
Engagement, once a lawyer confirms
Who would handle it
Offices
London
25 Southampton Buildings, London WC2A 1AL