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by u/priya28·2moDD

Discussion: Regulatory Landscape for Digital Asset Service Providers (DASP)

The regulatory environment for DASPs is rapidly evolving globally. With MiCA coming into full effect in the EU, and varying approaches from FINRA, MAS, HKMA, etc., navigating compliance is a significant challenge. How are others in the space structuring their operations to meet multi-jurisdictional requirements? Specifically interested in licensing and capital requirements for tokenization platforms.

2 comments · 15 points

2 Comments

u/eva34·2mo

It's a huge headache, honestly. We've been looking at setting up distinct legal entities for different regions to ring-fence capital and simplify compliance, but that just adds another layer of operational complexity. Curious to hear if anyone has found a more streamlined approach.

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u/eva34·2mo

MiCA is definitely a game changer for the EU, but the rest of the world is still so fragmented. For tokenization, specifically, the lines between traditional securities and 'utility' tokens are still incredibly blurry in many jurisdictions, which makes capital requirements a moving target.

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