Crypto-Assets Without an Identifiable Issuer: Regulatory Reality Two Years Post-MiCAR ...

Two years after MiCAR's December 2024 implementation, regulatory ambiguity persists over crypto-assets with no identifiable issuer (Bitcoin, decentralised protocols, meme coins). The European Commission's Q&A 2552 ruled no whitepaper obligation exists for such assets, but leaves unclear which obligations still bind service providers, creating a compliance and liability gap.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.