[EU releases crypto asset classification tool to help companies comply with MiCA] Golden Finance reported that EU regulators have issued new guidelines that allow relevant market participants to classify cryptocurrencies and digital assets in accordance with the Crypto Asset Market Regulatory Authority (MiCA). The newly released guidelines provide a structured approach to classifying various types of crypto assets. This includes determining whether a token falls under MiCA through question-based prompts, such as who the issuer is, whether it is based on a blockchain, or whether it is a financial instrument. It also helps to determine whether the token in question qualifies as a standard crypto asset under MiCA, or whether it can be classified as another type of asset, such as an electronic money token (EMT) or an asset reference token (ART). ART issuers must attach a legal opinion to the white paper to clearly explain the classification of these tokens. The opinion should confirm that these tokens are neither electronic money tokens (EMT) nor any other type of crypto asset outside the scope of MiCA.