Two regulators won't say whether crypto distribution needs its own licence
Original title (Norwegian): To tilsyn vil ikke si om kryptodistribusjon krever egen tillatelse
Finland · Kaupr ·
Neither ESMA nor Sweden's Finansinspektionen will say whether selling crypto services under your own brand, while a licensed firm does the regulated work, needs its own MiCA licence. Both told the news site Kaupr that it depends on how the service works. ESMA said outsourcing under article 73 cannot be used to hand away the licensed firm's responsibility, and that the authorised provider must stay the customer's contractual counterparty.
KauprPrimary FITo tilsyn vil ikke si om kryptodistribusjon krever egen tillatelseRead
KauprPrimary FITo tilsyn vil ikke si om kryptodistribusjon krever egen tillatelseRead
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Kaupr ·