Law 6/2023 (LMVSI) and securities tokenisation: what the rules say
What the LMVSI says about tokenising securities: DLT registry, issuance document and the ERIR. Still MiFID II instruments, not MiCA.
BLOG · ABOUT THE AUTHOR
Jesús Sánchez
Founder and CEO of Unknown Gravity. He leads regulated tokenization projects and security token offerings in Spain under MiFID II and Spanish Law 6/2023 (the Securities Markets and Investment Services Act), with registration through an ERIR.
19 ARTICLES · PAGE 2 OF 2
Articles by
Jesús Sánchez.
Tax: security token vs cryptocurrency, not taxed alike
Why a security token is taxed as a security and a cryptocurrency as a crypto-asset: differences in income tax, withholding and reporting.
MiCA vs MiFID II: which regulation applies to your token
MiCA or MiFID II? How to tell which regulation applies to your token in Spain: security token, crypto-asset, ART or EMT.
How security tokens are taxed in Spain (Personal Income Tax)
Taxation of security tokens under Spanish Personal Income Tax: investment income, capital gains, the savings base and Modelo 721.
Tokenization under the ERIR: everything you need to know
What the ERIR is under Law 6/2023 (LMVSI): the entity that keeps the DLT registry of tokenised financial instruments in Spain.
Tokenization of company shares
Why the shares of a Spanish SL cannot be tokenised, what the law allows for an SA and which structures exist. A practical legal guide.
Real Estate Tokenization: A Start Of A New Era | Real-World Assets | Liquidity
What real estate tokenization is, how it works step by step and its legal framework in Spain (MiFID II, Law 6/2023, ERIR), with real cases.