In this episode of the Withers talks: cryptocurrency podcast titled, ‘Cryptocurrency issuer considerations & European regulation,’ podcast host Charles Kolstad is joined by Giorgio Vaselli, a tax attorney in our Italian private client and tax team based in Withers’ Milan office, who regularly advises clients invested in cryptocurrencies. 

The episode begins with an overview of the key assets and players in the crypto market including payment tokens, security tokens, utility tokens, investors, issuers, miners, wallet providers, exchanges and others.  If you’ve wondered how these are defined and fit into the crypto ecosystem, Giorgio’s early comments put these key terms in context.  He and Charles also discuss initial coin offerings (ICOs), initial token offerings (ITOs) and the issues they raise for both investors and regulatory bodies, before turning to the European regulatory landscape related to digital assets and cryptocurrencies, key anti-money laundering (AML) directives and recent developments like the European Union’s DAC 7.