MiCA Recital (75) — preamble
Open the official source (EUR-Lex) →MiCA Recital (75) — preamble (75) This Regulation should not affect the possibility for persons established in the Union to receive crypto-asset services by a third-country firm on their own initiative.
Where a third-country firm provides crypto-asset services on the own initiative of a person established in the Union, the crypto-asset services should not be deemed to be provided in the Union.
Where a third-country firm solicits clients or prospective clients in the Union or promotes or advertises cryptoasset services or activities in the Union, its services should not be deemed to be crypto-asset services provided on the own initiative of the client.
In such a case, the third-country firm should be authorised as a crypto-asset service provider.
32023R1114
Legal text reproduced from the official source under Commission Decision 2011/833/EU. Only the official publication is authentic. This page shows our saved copy of the text. It is not advice and does not decide whether any provision applies to anyone.