This course will introduce participants to the blockchain technology, with a focus 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 involved in supervision of 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
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
Authorisation and licensing challenges
Supervisory challenges with respect to AML aspects
Market monitoring overview
Essential: Expertise on and/or previous general exposure to MiCAR, also through the participation to previous EU-SDFA Foundational Training Weeks and/or EU-SDFA
Advanced Online Modules on MiCAR
Recommended: Current or future involvement in regulatory and supervisory tasks related to the implementation of MiCA