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Date: 12.07.2022Which crypto assets do not fall under the scope of MiCA?

MiCA does not apply to crypto assets which, under Article 2(2), are classified as follows:

a) financial instruments as defined in Article 4(1) point 15 of Directive 2014/65/EU;
b) electronic money (e-money) as defined in Article 2 point 2 of Directive 2009/110/EC, except where they qualify as electronic money tokens under MiCA;
c) deposits as defined in Article 2(1) point 3 of Directive 2014/49/EU of the European Parliament and of the Council;
d) structured deposits as defined in Article 4(1) point 43 of Directive 2014/65/EU;
e) securitisation as defined in Article 2 point 1 of Regulation (EU) 2017/2402 of the European Parliament and of the Council.

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