Requirements and process – tokens other than ART and EMT

Public offering – application for admission to trading

Requirements and process

In light of the MiCA regulations, the activity of making a public offer or applying for admission to trading of a cryptocurrency other than ART and EMT requires compliance with certain requirements:

Organisation

• legal entity
• no requirement for capital
• no requirements as to the size of the governing body and the competence of the members of the board of directors

Process

1. Verification stage

• Legal qualification of token
• Examination for exemptions
• Implementation of possible adjustments to procedures, systems and protocols

2. Preparation

• Preparation of information document
• Preparation of marketing material

3. Submission

• Notification of the information document to the competent authority with an explanation of the token qualification
• Notification of a possible list of countries where the public offer of the crypto-asset is to be made

4. Publication

• Publication of the information document and marketing material on the website

5. Oferowanie

• Publication of the results of the public offering