How the asset is classified — drives which regime applies
Token type classification dictates everything downstream: which regime applies, which licence you need, which obligations bind you. EMT? ART? Other crypto-asset? Security under Howey? Read the MiCA token taxonomy on the dedicated guide, or run the Howey Test quick check.
🎯 Quick diagnostic
📚 Guides
Understand the three token categories, the CASP regime, and what MiCA does — and does not — regulate.
8 min readMiCA EMT/ART in the EU, the 2025 GENIUS Act in the US, and how MAS, HKMA, FMA and others compare — the first truly global regulatory stack.
9 min readReal-World Assets on-chain: what counts, who issues them, what regime applies — from BlackRock BUIDL to the EU DLT Pilot and the XRPL RWA stack.
10 min readThe 1946 US Supreme Court test that defines a security — and why it still decides which crypto tokens the SEC pursues.
6 min read