By Yasmine EDDAM
6 April 2025
The rise of digital assets represents an economic and technological revolution that is transforming the way we manage our assets. For legal professionals and their clients alike, this new legal territory raises complex issues. The European MICA regulation and French law attempt to provide a framework for these assets, but many grey areas remain. What is a digital asset? The MICA Regulation defines a crypto-asset as "a digital representation of a value or right that can be transferred and stored electronically, using distributed ledger or similar technology". More broadly, according to the Unidroit Principles, a digital asset is an electronic record that can be "mastered" or "controlled". In French law, article L. 54-10-1 of the Monetary and Financial Code includes two distinct types of asset in this category: this deliberately broad definition encompasses different economic and technical realities. The main categories of digital assets Crypto-currencies...
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