Publication details
MARKETS IN CRYPTO ASSETS REGULATION: ADVANTAGES, CHALLENGES AND FUTURE OUTLOOKS
| Authors | |
|---|---|
| Year of publication | 2025 |
| Type | Article in Proceedings |
| Conference | Finančné inovácie – determinant súčasnej a anticipovanej regulácie na finančnom trhu (výzvy a riziká) |
| MU Faculty or unit | |
| Citation | |
| web | finální verze sborníku |
| Keywords | MiCAR; Transparency; Customer Protection; Digital Finance; Decentralized Finance |
| Attached files | |
| Description | this article provides a comprehensive analysis of the MiCAR regulation, focusing on its implications for transparency and consumer protection within the rapidly evolving landscape of digital finance. The article discusses the advantages of MiCAR, such as enhanced regulatory oversight and stricter rules for Crypto Asset Service Providers (CASPs), while also addressing significant challenges, including the ambiguous distinction between financial and non-financial cryptoassets and the complexities of consumer rights. Furthermore, it examines the regulatory framework's impact on decentralized exchanges and non-fungible tokens (NFTs), highlighting the need for further developments to ensure effective protection. Ultimately, the document argues that while MiCAR represents a crucial step towards comprehensive regulation, ongoing adaptations are necessary to address emerging risks like money laundering in the crypto market and the evolving landscape of digital finance. |