Regulatory Framework

MEDRE is committed to operating within a clear and compliant legal framework. As an issuer of asset-referenced tokens (ARTs) in The Netherlands, MEDRE is subject to the following regulations:

• Markets in Crypto-Assets Regulation (MiCA): MiCA is a landmark regulation in the European Union that establishes a comprehensive framework for crypto-assets, including ARTs. MEDRE is designed to be fully compliant with MiCA’s requirements, and we are actively working towards obtaining authorization from the [Name of your NCA, e.g., Dutch Authority for the Financial Markets (AFM)] to operate as an ART issuer. This involves meeting specific requirements related to:
  • Own Funds: Maintaining sufficient capital to mitigate risks.
  • Governance and Organization: Establishing robust governance structures and processes.
  • Risk Management: Implementing comprehensive risk management procedures.
  • Transparency: Providing clear and accurate information to investors.
  • Investor Protection: Adhering to rules on investor protection and redemption rights.
• Anti-Money Laundering and Anti-Terrorist Financing Act (Wwft): In accordance with the Dutch Wwft and other relevant AML/CFT regulations, MEDRE implements strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to prevent financial crime.
• Data Protection: MEDRE complies with the General Data Protection Regulation (GDPR) and other relevant data protection laws to protect user data and privacy.

Authorization: While not requiring a specific license like Crypto Asset Service Providers (CASPs), ART issuers like MEDRE still need to undergo an authorization process with the Dutch AFM (Authoriteit Financiele Markten) to demonstrate MiCA compliance. This process is crucial for building trust and ensuring the legality of our operations.