NewsHK
Europe's push to bring crypto asset markets under a unified regulatory framework is generating its own supply chain: a market for compliance infrastructure.
Reed Smith, the global law firm, has launched Aquarius, a platform that automates regulatory filings and legal workflows for firms navigating the Markets in Crypto-Assets Regulation.
Demand for such tools is rising across Europe as crypto companies absorb a rulebook with no direct predecessor in EU law. What the tool does Aquarius handles the filing and workflow layer of MiCA compliance.
That means the platform takes on document processing and submission work that would otherwise fall to in-house legal teams or outside counsel billing by the hour.
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