BC-TOK
New Introduction to regulated financial tokenisation
Description
The aim of the training is to provide an overview of the possible applications of tokenisation in the field of public policy, with a particular focus on regulated use-case-kets. During the one-day training in the morning, we will review the basics of blockchain and tokenisation, with a particular focus on use-cases in the financial area. In the afternoon, we will summarize the regulatory initiatives in the field, providing a price comprehensive summary of MiCAR (Market in Crypto Asset Regulation) and the DLT Pilot Regime.
Outline
Blockchain and tokenisation
- The concept of blockchain and its value proposition
- Basic concepts of blockchain
- Intuitive definition of a token
- Token types
- Token categories
Tokenisation in the financial domain
- Tokenisation in the financial sector
- Decentralised use-cases:
- DeFI,
- stable cryptocurrencies, stable tokens
- bank and financial institution use-cases:
- Deposit token
- Securities tokenization
- CBDC
MiCAR, Market in Crypto Asset Regulation funds
- The purpose and structure of MiCAR
- EMT regulation
- ART, asset-based token regulation
- Utility token regulation
- The authorisation process
- Examples, use-cases
Introduction to the DLT Pilot Regime
- Purpose and scope of the Pilot regime initiative
- DLT infrastructure types and their regulation:
- DLT multilateral trading facilities, DLT MTF
- DLT settlement systems , DLT SS
- DLT trading and settlement systems, DLT TSS"
- The authorisation process
- Examples, use-cases