🇪🇺🔗📖🇪🇺🔗📖 The European Union announced its requirements for the White paper for a crypto project. MiCA has established uniform requirements for information that should be available to investors and users
White paper as a legal document must contain the following information:
- about requirements for investors;
- about the issuer of the asset;
- about the trading platform on which the asset will be available;
- about the author of the document;
- technology, technical and financial side of the project;
- about mutual rights and obligations;
- about risks;
- about the main adverse environmental and climatic consequences of the consensus mechanism used to issue a crypto asset.
MiCA requires that the White paper be written in simple and understandable language, and most importantly, do not contain price forecasts.
It is assumed that the investor will make his decisions on the project based on this document.
Knowing the legal requirements, you can now look at the White paper and the project from a new angle.
