MiCA Defined Terms
Advice on Crypto-Assets
Personalised recommendations to clients about transactions in crypto-assets, requiring CASP authorisation.
Definition
Per MiCA Article 3(1)(24), advice on crypto-assets is offering, giving, or agreeing to give personalised recommendations to a client, either at the client's request or on the CASP's own initiative, about transactions in crypto-assets. Generic market commentary is not advice; personalised recommendations are.
Regulatory citation