Built on Relationships, Developed on Trust | Token Issuers
MiCA Whitepapers
MK Fintech Partners is a specialised regulatory consultancy focused on fintech, crypto, and investment services, operating under the Michael Kyprianou Group, a globally recognised Top Tier law firm acknowledged by Legal 500 and Global Law Experts. Our core proposition is bridging the legal and technological gap for clients operating in complex, fast-evolving regulatory environments.
We leverage the strategic advantages of Malta, a pioneer in crypto regulation whose framework influenced the EU’s Markets in Crypto-Assets Regulation, to provide efficient regulatory processes and immediate EU passporting rights. Under MiCA, token issuers must produce a compliant white paper covering key disclosures such as the project, technology, risks, and environmental impact, which we assist in drafting, notifying to the Malta Financial Services Authority, and publishing through a structured three-phase process (drafting, notification, and launch).
Once approved and published, the token can be offered and listed across the EU/EEA, with any amendments requiring re-notification.
We leverage the strategic advantages of Malta, a pioneer in crypto regulation whose framework influenced the EU’s Markets in Crypto-Assets Regulation, to provide efficient regulatory processes and immediate EU passporting rights. Under MiCA, token issuers must produce a compliant white paper covering key disclosures such as the project, technology, risks, and environmental impact, which we assist in drafting, notifying to the Malta Financial Services Authority, and publishing through a structured three-phase process (drafting, notification, and launch).
Once approved and published, the token can be offered and listed across the EU/EEA, with any amendments requiring re-notification.
Malta and DLT
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Malta was the first country in the world to draft and pass legislation regulating the cryptocurrencies space. Malta’s robust framework has been used and emulated by the EU in their Markets in Crypto-assets Regulation (“MiCA”) which came into force in January 2025.
Malta was first criticised for ‘over-regulating’ the crypto space way back in 2018, however, we are now bearing the fruits of the seeds sown and are by far the most prepared jurisdiction. Choosing Malta means faster processes, regulatory familiarity, and full EU passporting rights from day one.
White Paper Requirements
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Under Art. 6 of MiCA lays out requirements for the content of white papers. It requires information about the offeror/person seeking admission to trading, about the crypto-asset project, about the offer to the public or its admission to trading, about the crypto-asset and rights and obligations attached to it, about the underlying technology, about the risks and about the adverse impacts on the climate.
Passporting Rights
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Once the White Paper is notified in Malta you will be allowed to offer the crypto-asset or seek its admission to trading in other EU/EEA nations under the Malta White Paper, provided that this is notified to the MFSA.
Notification Process
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Phase 1 - White Paper Drafting or Vetting
During this stage, the White Paper is drafted or vetted, in line with the ESMA templates, and ensures that all information is provided. Input from the client for certain information will be required, and we will work on drafting the White Paper. Once the White Paper is finalised, we will then notify the MFSA.
Phase 2 - Notification to the MFSA
Once the White Paper is finalised it will be notified to the MFSA alongside the application form. Then when received by the MFSA, they may provide feedback, asking for certain additions or amendments. When all is finalised, the MFSA will move on to approve the White Paper and confirm its notification.
Phase 3 - Publishing
Once the MFSA confirms the notification of the White Paper, the White Paper can be published 20 days after the date of notification. Further, the crypto-asset will be eligible to be offered and admitted to trading once the White Paper is published. Any subsequent amendments to the White Paper must be notified to the MFSA.
More about MK Fintech Partners Ltd.
Michael Kyprianou Fintech Partners Ltd. is a Maltese company providing services in the FinTech sector. It comprises a team of dedicated experts who provide services such as Legal Advisory, Crypto Licensing, Token Issuers’ Licensing, Investment Services Licensing, and registrations of activities related to Fintech, Crypto, Blockchain & Data Protection, Investment Funds Services & Banking, Company Incorporations, and M&As, MK Fintech Partners forms part of the Michael Kyprianou Group, a top tier international legal and advisory firm. It has established an enviable reputation as a broad-based legal practice over the years. Mainly by keeping at heart its principle to always exceed its clients’ expectations. MK has grown to become one of the largest law firms in Cyprus with offices in Nicosia, Limassol and Paphos. The MK Group’s international presence also includes fully-fledged offices in Greece (Athens and Thessaloniki), Malta (Birkirkara), Ukraine (Kiev), the United Arab Emirates (Dubai), United Kingdom (London), Israel (Tel Aviv), and Germany (Frankfurt).