We have drafted a MiCA Non-Applicability Statement for DigiByte, confirming that $DGB does not fall within the scope of the Markets in Crypto-Assets Regulation (EU 2023/1114).
🔹DigiByte has no identifiable issuer within the meaning of Article 3(6) MiCA,
🔹DigiByte was not offered to the public and has never conducted an ICO or fundraising,
🔹and therefore DigiByte is not subject to the MiCA Whitepaper requirement under Articles 4–6.
🔹This position is supported by an independent legal opinion issued by Riveles Wahab LLP (New York) on July 17, 2018, concluding that DigiByte is a decentralized blockchain with no central issuer and does not qualify as a security or investment contract.
1.37K
22
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.