
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

What Are Absolute Thresholds and How Does Directive 2018/410 Apply Them to Address Climate Change?
An absolute threshold would be like a maximum limit you cannot exceed. In the case of greenhouse gas emissions, an absolute threshold is the maximum amount of emissions that a…

Drafting and Approval of a Company´s Annual Accounts: Differences, Competence and Legal Deadlines
Before addressing the distinction between drafting and approval, it is important to understand what the annual accounts are and what their purpose is.

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.

Regulatory Differences between MiCA in the EU and the Genius Act in the US
The differences between MiCA and the Genius Act highlight tensions between sovereign control in the EU and liberalization in the US

The Implications of the Genius Act for Stablecoin Issuers
The Genius Act, signed into law in July 2025 by the President of the United States, represents a milestone in the regulation of stablecoins

When Politics Gets Tokenized: Crypto, SuperPACs, and Fairshake’s Influence in Washington
In recent years, the cryptocurrency industry has gone from being a marginal player to becoming a political lobby with real weight in Washington

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…
