This course will introduce participants to blockchain technology, focusing on its implications and relevance for the MiCAR framework. The course will analyse the specific regulatory aspects of MiCAR and the new supervisory tasks and challenges these requirements mean for NCAs. Staff from supervisory authorities already supervising crypto-asset providers in the context of existing national rules will share their experience.
This training week is tailored for participants possessing a foundational understanding or expertise in MiCAR, aiming to deepen their comprehension of blockchain technology and explore the implications of MiCAR in the supervision of this technology.
Introduction: DLT and Blockchain,
Underlying technologies,
The Ethereum ecosystem,
Application on Ethereum blockchain,
Types of crypto-assets,
Overview of requirements for CASPs and issuers,
Business models and operations of CASPs and issuers,
Internal governance and risk management challenges for crypto-asset businesses,
Case studies: White papers, Authorisation and licensing challenges,
Supervisory challenges with respect to AML aspects,
Market monitoring overview.
Logistics
The foundational training weeks will be held at the FBF, within the premises of the EUI (Florence, Italy).
Each course will start on a Monday at 9 am and will end on a Thursday, approximately at lunch time.
FBF will reimburse travel in economy class (up to 450 euros) and accommodation for the duration of the course (up to 4 nights and up to a given ceiling), local public transportation and taxi expenses up to 100 €. Lunches, coffee breaks and a social dinner/activity, as indicated in the programme of every training week will be directly covered by FBF.
Accommodation expenses will be reimbursed to participants after the event according to the following ceiling: up to EUR 200 per night (city tax included), for a maximum of 4 nights
Training participants are responsible for booking both their flight and their accommodation in Florence. These expenses will be reimbursed after the end of the event upon the upload of the travel documentation and the relevant invoices (including boarding passes) to the online EUI reimbursement application (link and instructions will be duly shared with participants after the end of the event).
A list of conveniently located hotels will be provided to participants, but they are of course free to book hotels other than the ones suggested. In both cases, participants will be reimbursed up to the agreed ceiling and for single occupancy.
If participants book a hotel and share a double room, they must ask for the single room rate to be indicated on the hotel bill. Failing this, 25% of the price of the double room will be deducted from their reimbursement.
Participants can book their accommodation also on Airbnb, but in case they share the apartment with other people, the reimbursement will be divided by the number of guests.
A private transportation service will connect participants from/to Piazza dell’Indipendenza to/from the training venue every day. A detailed timetable will be provided before the starting of each training week.
