Japan's crypto overhaul and the widening gap with the US: what to watch
Japan has moved crypto under securities rules and plans a 20% tax rate, but ETFs and lower taxes are not yet in force; the US still leads.
REAL Finance’s $ASSET white paper is now in ESMA’s Interim MiCA Register, giving a standardised disclosure reference across Europe.
The $ASSET token, which is issued by Real Technologies Inc. for the REAL Finance network, now has its crypto-asset white paper on the European Securities and Markets Authority’s Interim MiCA Register. This provides a centralised disclosure reference under EU crypto regulations.
The entry is placed in the section of the register for crypto-assets that are not asset-referenced tokens or e-money tokens, a category covered by Title II of MiCA.
ESMA emphasises that the white papers in the register have not undergone review or approval by any EU competent authority. The issuer therefore bears full responsibility for the content.
The listing gives REAL Finance a single disclosure reference that exchanges, institutions, and other parties can use when evaluating $ASSET across the European Economic Area.
This follows the token’s debut on Kraken, which began trading on April 30. According to REAL Finance, $ASSET has also been available on KuCoin and MEXC since April.
“Being listed in ESMA’s Interim MiCA Register gives institutions and exchanges a single, transparent reference for evaluating $ASSET instead of thirty separate national processes. It’s a foundational step for how we want to operate in Europe,” said Ivo Grigorov, CEO of REAL Finance.
REAL Finance noted that the notification covers a different aspect than exchange access. It offers standardised regulatory disclosure, but does not assure that any platform will list or continue to support the token.
REAL Finance is steering its network toward the tokenisation of real-world financial assets, a sector that is drawing increasing interest from banks, asset managers, and regulators.
According to the company, it plans to tokenise over €3.5 billion in assets via its European ecosystem. It is collaborating with regulated partners such as Austria’s Wiener Privatbank on custody and structuring.
The entry in the MiCA register does not constitute regulatory approval for $ASSET. ESMA clearly says that white papers in the register are not reviewed or endorsed by competent authorities.
Real Technologies additionally stated that each trading venue keeps the discretion to decide on listings.
This distinction matters because MiCA introduces more standardised disclosure to Europe’s crypto market, but does not make white-paper publication an official endorsement for investment.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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