
You’re launching a token into the European Union. Where that token sits under financial services law decides most of your legal path.
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 token legally is, before you build around it
That one answer decides whether MiCA or MiFID II applies, what your white paper has to contain, and what you are allowed to say in marketing.
What to work through, in order
Is the token a financial product?
Whether the token is a financial instrument under MiFID II, in which case MiCA does not apply, or an asset-referenced, e-money or other crypto-asset under MiCA. That fork decides the entire compliance path.
Where the issuer sits
Which member state authorises you matters, because a MiCA authorisation passports across the bloc from wherever it is granted. Supervisory approach and timelines differ noticeably between national regulators.
What you can say before launch
MiCA requires a white paper notified to the regulator before a public offer, and marketing communications must be fair, clear and consistent with it. National consumer rules apply alongside.
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


