| Abstract [eng] |
The Master's thesis analyses the topic of legal regulation of crypto-asset service providers, examining significant legislation, guidelines and recommendations issued by the European Union and (some of) the national member states of the European Union and Lithuania, as well as the regulatory practices applied by selected countries. This topic is most evident through the European Union Regulation for crypto-asset service providers, the requirements imposed by Lithuanian national legislation and the regulatory implementation practices of (some) EU Member States and Lithuania. This Master's thesis explores the significance, effectiveness and implications of crypto-asset service provider regulation in the European Union. The thesis analyses the concept of crypto-asset service providers and the requirements and principles applicable to them. The analysis highlights the meaning of regulation and its significant impact on the market for crypto-asset service providers. The regulation of crypto-asset service providers highlights the requirements of the transition period chosen by the European Member State and its effectiveness. A detailed analysis of the regulation of the European Union and the Member States of the European Union, Lithuania allows to reveal the provisions of the applicable requirements and helps to understand them correctly. The Master's thesis analyses the practice and issues of the regulation of crypto-asset service providers in the European Union and Lithuania, and aims to analyse the impact of the applied regulation on the crypto-asset service providers and their market as widely as possible. The analysis of the legal challenges faced by Lithuanian crypto-asset service providers allows to draw conclusions regarding the lack of regulation of crypto-asset service providers, its effectiveness and consequences. |
