Digital Assets
Tokenized Assets: From European Regulation to Their Integration into DeFi
Tokenized real-world assets (RWA) are financial or physical assets represented on the blockchain by tokens.
Who Pulls the Strings of Covered Stablecoin (or ART) Stability in Spain?
Covered Stablecoins, known in Spain as Asset-Referenced Tokens (ARTs) under the MiCA (Markets in Crypto-Assets) regulatory framework, are crypto assets designed to maintain a stable 1:1 value ratio with a…
Payment Stablecoins (EMTs): Legal Definitions, Uses, and Regulatory Parallels between the U.S. and Spain
Payment stablecoins (known in Spain as EMTs or E-money Tokens) represent an evolution in digital assets, designed to combine the stability of fiat currencies with the efficiency of blockchain technology
Risks to Monetary Policy and State Sovereignty from Stablecoins
Stablecoins represent an existential challenge to monetary policy, compelling a redefinition of stability mandates.
Would It Make Sense for a Multinational such as Amazon, Walmart, or Inditex to Issue Its Own Stablecoin?
Issuing a stablecoin does make sense for multinationals such as Amazon, as it would provide operational efficiency and competitive advantage.
Are Covered Stablecoins (ARTs) Considered Securities by the SEC?
Covered Stablecoins are a type of digital asset designed to maintain a stable value relative to a reference asset, such as the U.S. dollar (USD), another fiat currency, a commodity…
The New Regulation of Cryptocurrencies under Trump
The Trump administration appears to mark a significant shift from the approach of the previous administration. As stated on multiple occasions, it aims to move from primarily assessing risks to…
Trump versus the “Enforcement Regulation” in the Context of Cryptocurrencies
“Enforcement Regulation” or "regulation by enforcement" refers to a strategy in which a regulatory agency, such as the SEC (the American financial regulator), establishes regulatory guidelines and standards primarily through…
Trading Venues in Spain: Regulated Markets, MTFs, and OTFs
Trading Venues are multilateral systems where interests in buying and selling financial instruments interact. They are divided into three main categories
Protection of Rights over Digital Assets
Digital assets encompass a wide range of items, including cryptocurrencies, non-fungible tokens (NFTs) and tokenized digital assets.
