How to create your own token in the EU?

Creating your own token in the EU is a complex process that combines technical development and compliance with legal requirements. The first step is to determine the purpose of the token and its type. It is necessary to understand whether it will be used as a utility tool to access a product or service, provide project management rights, ensure a link to real assets, or be a tool for attracting investment. This determines not only the technical implementation but also the regulatory regime to which it will be subject.

Next, a blockchain platform is selected on which the token will be placed. The most common are Ethereum, Binance Smart Chain, Solana, and other networks that allow you to create smart contracts and manage token issuance without having to develop your own network. The choice should take into account the cost of transactions, the speed of processing operations, and the availability of integration tools. After selecting the network, a smart contract is developed that describes the logic of the token’s operation: its name, symbol, number of decimal places, total emission volume, as well as transfer and balance accounting functions. The use of proven standards, such as ERC-20, reduces the risk of technical errors and simplifies integration with wallets and exchanges. At this stage, it is important to provide for code auditing to eliminate vulnerabilities that could lead to loss of funds or unauthorised access.

Before launching the token on the main network, testing is carried out in a test environment, which allows you to check the correctness of the smart contract without risking real funds. After successful verification, the contract is deployed on the main network, and the token becomes available to users. The technical release of the token is only part of the process. For it to be legally traded in Europe, regulatory requirements must be taken into account. The MiCA regulation introduces a classification of crypto assets and imposes obligations for disclosure, compliance with investor protection rules and anti-money laundering. If a token entitles the holder to a share in the profits or management of a company, it may be recognised as a financial instrument and fall under the regulation of securities legislation. This will require the preparation of a white paper or prospectus, the organisation of KYC/AML procedures and appropriate reporting.

An integral part of the process is the development of tokenomics, which describes the distribution of tokens between the team, investors and the community, as well as mechanisms for incentivising ecosystem participants. When planning a token sale (ICO, IDO or IEO), tax implications should be taken into account: in different European countries, income from token sales may be subject to corporate tax, VAT or treated as capital gains. The final stage is the integration of the token into the ecosystem: connecting it to decentralised and centralised exchanges, developing user interfaces, creating wallets or ensuring compatibility with existing solutions. A successful launch is accompanied by a marketing strategy, community outreach and ongoing infrastructure support.

How to create a stablecoin?

The process of creating a stablecoin begins with a clear understanding of its goals, stabilisation mechanisms, and the type of asset to which it will be pegged.  s are cryptocurrencies designed to minimise volatility by pegging them to stable assets such as fiat currencies (USD, EUR), national and international currency baskets, precious metals or other cryptocurrencies. This mechanism makes stablecoins an important tool in the link between centralised and decentralised financial systems. Cost stabilisation can be achieved in different ways. In a reserve-backed model, the issuer has assets equal to or exceeding the value of all tokens issued. These can be fiat currency in a bank account, gold, other valuable assets, or cryptocurrencies. Issuing tokens under such conditions ensures that they can be exchanged for reserve assets at a stable rate. In cases of fluctuations in the value of reserves, a transparent audit is required to maintain trust. In an alternative model, the algorithmic one, stability is achieved by changing the supply of stablecoins through software-controlled minting (issuance) and burning (disposal) mechanisms that respond to demand. When the price rises, additional tokens are created, which leads to a decrease in value, and vice versa. This scheme works without reserves, but requires careful tuning, as it can be susceptible to manipulation or failure if the automatically regulated mechanisms prove to be insufficiently stable in conditions of sharp market fluctuations.

After selecting a stabilisation model (reserve or algorithmic), it is necessary to choose a blockchain platform with smart contract support and suitable infrastructure — this could be Ethereum, Binance Smart Chain, Solana, or other blockchains focused on DeFi applications. The key selection criteria are security, scalability, transaction speed, and the availability of tools for development and integration. Next, a smart contract is developed that defines the logic of the stablecoin’s operation. It must include token issuance and burning functionality, balance control, value pegging implementation — a mechanism that supports the peg (link to the underlying asset) — as well as rules for working with reserves (in the case of a reserve model). The smart contract must be written with security and transparency standards in mind — for example, using proven libraries, templates, or frameworks used in the blockchain community.

Before launching a smart contract on the main network, testing is carried out on a test network. This allows you to work out the functions of issuance, stabilisation, burning, and interaction with wallets without exposing funds to real risk. During this stage, security specialists should be brought in to audit the smart contract, identify vulnerabilities, and eliminate possible logical errors. After a successful audit and refinement, the contract can be deployed to the main network. Next, integration with standard digital wallets is carried out so that users can conveniently store, transfer, and interact with the token. After the technical launch, continuous support for the stablecoin begins: supply control, market demand monitoring, adjustment of stable mechanisms, and response to possible failures that could disrupt the peg to the underlying asset. This is a strategically important part: sudden changes in the market require a timely response — adjusting parameters, additional capitalisation of reserves, or changing algorithms in the case of an algorithmic model.

In addition to the technological aspect, legal and regulatory considerations are also important. Stablecoins are often considered financial instruments or electronic money; in Europe, they are beginning to be subject to MiCA regulation, which requires disclosure of information about the issuer, reserve mechanisms or algorithmic stabilisation, risk assessment, and compliance with anti-money laundering regulations. If a stablecoin confers financial rights, it may fall under the Securities Act ( ) and require the preparation of a prospectus or white paper disclosing risks and investor protection procedures. It is also necessary to work out the tax aspect: the possible classification of a stablecoin as a financial asset or electronic money may entail a tax on issuance, VAT on the provision of services, as well as the accounting of assets or liabilities in the accounting department. It is necessary to interact with financial and legal advisors in order to correctly formalise transactions and documents. Creating a stable digital asset is a serious strategic undertaking that requires the synergy of technical reliability, transparency, flexibility of the economic model, and full compliance with regulatory standards. This approach ensures the trust of users, investors, and regulators, and lays the foundation for the long-term functioning of stablecoins in the European and international markets.

Crypto token development

Crypto token development is a strategic process that combines technological implementation, legal support, and economic planning. It begins with defining the project’s goal and the token’s functions. At this stage, it is important to understand what place the token will occupy in the ecosystem: whether it will be a utilitarian tool for accessing a product or service, an element of protocol management, a means of exchange, or a digital analogue of a financial asset. The requirements for its architecture, code and compliance with legislation directly depend on this. The next stage is choosing a blockchain platform. A token can be created on existing networks such as Ethereum, Binance Smart Chain, Polygon, Avalanche or Solana, which reduces development costs and speeds up product launch. The choice takes into account transaction processing speed, commission costs, network security, and support for existing standards. Using popular token standards, such as ERC-20 or ERC-721, ensures compatibility with exchanges, wallets, and DeFi infrastructure.

After selecting the network, a smart contract is developed that defines the behaviour of the token: emission parameters, transfer and accounting rules, the logic of additional functions such as staking or burning part of the tokens to regulate supply. The contract must be tested on a test network and subjected to an independent audit to eliminate vulnerabilities that could lead to unauthorised access or loss of funds. The technical launch of the token includes deploying the smart contract on the main network, configuring interaction with wallets and trading platforms, and integrating it into the project ecosystem. An important element is the development of a user-friendly interface, which increases loyalty and accelerates the distribution of the token. However, technical implementation is only part of the task. At the same time, it is necessary to prepare legal documentation and assess regulatory risks. The European Union has the MiCA Regulation, which introduces the classification of crypto assets and requirements for issuers. If a token provides financial rights or can be considered a security, it will be necessary to prepare a white paper or prospectus, register the issuer with the competent authority, and comply with anti-money laundering and counter-terrorism financing procedures. When issuing a token to a wide audience, it is also important to provide KYC procedures for participants in the sale.

An equally important aspect is the development of tokenomics – a model for the distribution and circulation of tokens. It should ensure a balance of interests between the team, investors, and users. It is important to determine the total volume of the issue, the share, intended for the team, the development and marketing fund, as well as mechanisms to stimulate community activity, such as loyalty programmes or rewards for participation in management. The final stage is the promotion of the token and its listing on exchanges. This requires preparing a marketing strategy, ensuring transparency, and regularly publishing reports on the progress of the project. Maintaining the trust of users and regulators is a key factor in the long-term viability of the token. Developing a crypto token requires coordination between developers, lawyers, security specialists, and marketers. Only a comprehensive approach that combines a high-quality smart contract, reliable infrastructure, a well-thought-out economic model, and compliance with legal norms ensures the successful launch of the token and its sustainable development in the market.

 What can a proprietary token be used for?

A proprietary token is a powerful tool that allows you to create and support the economy within a project, as well as increase user engagement. A properly designed token not only serves as a medium of exchange, but also becomes an element of stimulation, management, and development of the ecosystem. One of the most obvious use cases is the use of a token as an analogue of gas for transactions. This means that all operations within the network or platform are paid for with an internal asset, and the commission is directed to reward validators or nodes that support the blockchain. This model makes the project’s economy self-sufficient and reduces dependence on external cryptocurrencies such as ETH or BNB. Equally important is the token’s function as a means of payment within its own ecosystem. Users can purchase goods, services, subscriptions, or access to premium features by paying with the internal asset. This creates a closed economic cycle in which demand for the company’s services generates sustained demand for the token, increasing its value and liquidity. An additional incentive may be the use of the token as a loyalty tool. Projects often introduce bonus programmes, rewarding active users with tokens that can be used for discounts, voting, or receiving exclusive privileges. This approach forms a community that is interested not only in the product but also in the development of the entire ecosystem.

The token can also serve as a staking tool. Token holders lock them for a certain period, ensuring the liquidity and security of the network, and receive rewards in return. This encourages long-term asset retention, reduces its turnover on the market, and stabilises the price. Another scenario is attracting investment. The issuance of a token may be accompanied by an ICO, IDO or IEO, which allows the project to raise funds for development while maintaining the flexibility of the corporate structure. At the same time, legal aspects must be taken into account: depending on its characteristics, a token may be considered a financial instrument and be subject to regulation by MiCA and national supervisory authorities. In some projects, the token gives owners the right to participate in management. Voting by holders on key issues — such as changing protocol parameters, introducing new features, or allocating the budget — makes the ecosystem decentralised and reduces the concentration of power in the hands of a single team.

The use of tokens as collateral for lending or in DeFi scenarios deserves special attention. Holders can lock assets in smart contracts and receive loans or participate in liquidity pools, which creates additional opportunities for monetisation and expands the functionality of the token.

When designing all these scenarios, it is extremely important to consider the legal implications. If a token gives access to income or a share in a business, it may be classified as a security, which will require the preparation of a prospectus, registration, and compliance with investor protection requirements. In addition, most European countries have a requirement to implement AML/KYC procedures when selling or exchanging tokens, as well as tax accounting for transactions involving them. Thus, a proprietary token can perform many functions: serve as fuel for transactions, a means of payment, a loyalty tool, a mechanism for raising capital, a means of staking, and a control element. A competent combination of these scenarios allows you to form a stable and self-regulating ecosystem, increase user engagement, and create long-term value for all project participants.

 How to launch your own token on Ethereum?

Launching your own token on Ethereum is one of the most common ways to create a digital asset thanks to its mature infrastructure, support for standardised protocols, and high network liquidity. The process begins with defining the purpose of the token and selecting the appropriate standard. ERC-20 is most often used for fungible tokens that can be used as a medium of exchange or settlement. For non-fungible tokens (NFTs), the ERC-721 or ERC-1155 standard is used if support for multiple token types in a single contract is required. After selecting the standard, a smart contract is developed. At this stage, the key parameters of the token are described: name, symbol, number of decimal places, total emission volume, and basic functions such as transfer and balance verification. The contract is created in Solidity, and compilation and testing are performed using tools such as Remix IDE, Hardhat, or Truffle. Before placing the contract on the main network, testing is carried out on the testnet (Goerli or Sepolia), which allows you to check the functionality without gas costs. At this stage, logical errors are identified and eliminated, and the security of the code is assessed. It is recommended to conduct an independent audit of the smart contract to eliminate vulnerabilities and protect user assets. After successful testing, the contract is deployed to the mainnet, which requires connecting a wallet (e.g., MetaMask) and paying a transaction fee in ETH. Once confirmed on the blockchain, the token becomes active, and its contract address can be published to users.

Technical implementation is only part of the process. To ensure community trust and compliance with European requirements, it is necessary to prepare documentation: a description of the tokenomics, a white paper specifying the objectives, risks and distribution of tokens, and, if necessary, notify the regulator in accordance with MiCA. If the token is used to attract investment or provides financial rights, it is important to check its classification to ensure that it is not subject to securities regulation and does not require registration with the national supervisory authority. The next step is to integrate the token into the ecosystem. To increase liquidity and user convenience, it can be added to wallet interfaces and decentralised exchanges such as Uniswap by creating a liquidity pool. In the case of planning to list on centralised platforms, an additional set of documents will need to be prepared, including a smart contract audit and project description. Launching your own token on Ethereum is a combination of software development, legal analysis, and marketing strategy. A competently implemented process includes not only technical deployment, but also the preparation of a legal framework, compliance with AML/KYC requirements, a well-thought-out token distribution model, and transparent communication with the community. This approach allows you not only to create a digital asset, but also to ensure its long-term value, liquidity, and compliance with regulatory requirements in the European market.

Launching your own token on Ethereum is a complex process that combines smart contract development, testing, legal review, and marketing strategy. Ethereum remains the most popular platform for issuing digital assets due to its developed infrastructure and widespread recognition of standards such as ERC-20 for fungible tokens and ERC-721 or ERC-1155 for non-fungible assets. The project begins with defining the purpose of the token and selecting a standard that corresponds to its function. If the token is used for payments or as a utility tool, ERC-20 is usually applied, and for collectible assets or game items, ERC-721 or ERC-1155 is used. Next, a smart contract is developed in Solidity, specifying the token’s name, symbol, number of decimal places, and total emission volume. The contract code is created based on proven templates, for example from the OpenZeppelin library, which reduces the risk of technical errors and ensures compatibility with wallets and exchanges. After the code is written, it is compiled and tested on a test network, such as Goerli or Sepolia. At this stage, the correctness of all functions is checked, from the transfer of tokens between addresses to the calculation of the total amount in circulation. This approach allows errors to be identified and corrected without the risk of loss. It is recommended to conduct an independent code audit to eliminate vulnerabilities and protect users from potential attacks. When testing is complete, the contract is deployed on the main Ethereum network, for which a wallet such as MetaMask is connected and a gas fee is paid in ETH. After the transaction is confirmed, the token becomes active and its address can be published to users. To increase trust in the project, it is worth verifying the contract’s source code on Etherscan so that anyone can familiarise themselves with its functionality.

Launching a token is not limited to the technical side. It is important to prepare a white paper describing the project’s goals, tokenomics, token distribution, and possible risks. Under European MiCA regulations, it is necessary to determine the legal status of the token: whether it is a utility token or has the characteristics of a stablecoin or security. Depending on this, it may be necessary to register a white paper or obtain an issuer licence. If the token is offered to a wide audience, AML/KYC procedures should be implemented to identify participants. After the token is released on the network, it must be integrated into the ecosystem: add support to wallets, connect to decentralised exchanges, such as Uniswap, by creating a liquidity pool, or list on centralised platforms by providing contract audits and legal documents. At the same time, a marketing strategy is formed: a website is created, communication channels are launched, news and reports on the project’s development are published. Launching your own token on Ethereum is not just a technical operation, but a full-fledged business process that requires careful preparation at every stage. Only a combination of high-quality code, legal transparency, a well-thought-out economic model, and constant work with the community allows you to create a token, that will have long-term value and trust from both users and regulators.

 How to launch your own token on the Binance Smart Chain?

Launching your own token on Binance Smart Chain (BSC) has become a popular solution due to low fees, high transaction speeds, and compatibility with the Ethereum ecosystem. The process of creating a token begins with setting project goals and defining its purpose. It is important to decide whether the token will perform a utility function, be used as a means of payment, serve as a management tool, or represent a digital asset with investment value. This choice determines both its tokenomics and legal status.

The next step is to choose a standard. On BSC, the most common is BEP-20, which is fully compatible with ERC-20 and supported by most wallets and decentralised exchanges. The smart contract is developed in the Solidity language. The code describes the main parameters: token name, symbol, number of decimal places, emission volume, and circulation management functions, including transfer, balance verification, and, if necessary, burning or issuing additional tokens. To reduce risks and speed up the development process, it is advisable to use proven libraries, such as OpenZeppelin.

After writing the code, the contract is compiled and deployed on the BSC Testnet. At this stage, functionality is checked: the correctness of token transfers, the accuracy of total volume accounting, the operation of events, and interaction with wallets. Testing allows you to identify errors before deployment on the main network. Upon completion of testing, it is recommended to conduct an independent audit of the smart contract to eliminate vulnerabilities that could compromise user funds or affect token issuance.

Next, deploy the contract on the Binance Smart Chain main network. To do this, connect a wallet (for example, MetaMask with the BSC Mainnet added), pay the commission in BNB, and confirm the transaction. After successful deployment, the token becomes available to users, and the contract address can be published on the project website and official channels. To increase trust, it is recommended to verify the code on BscScan, which will allow any user to check the source code and functionality of the contract.

The launch of the token is accompanied by the preparation of legal documentation. It is necessary to draw up a white paper that discloses the project’s goals, the purpose of the token, the mechanisms for its distribution, possible risks, and the development plan. For the European market, it is important to take into account the requirements of the MiCA Regulation: if the token is utilitarian, it is sufficient to publish a white paper and notify the regulator; if it is pegged to fiat currency or assets, the issuer must be registered and comply with prudential requirements.

After legal preparation, the project can move on to integrating the token into the ecosystem. It can be added to popular wallet interfaces, and to ensure liquidity, a pool can be created on PancakeSwap or other decentralised exchanges operating on BSC. When planning a listing on centralised exchanges, a contract audit, security documentation, and compliance with AML/KYC procedures will be required.

The final step is to build a community around the token. It is important to establish communication with users, publish regular reports on the project’s development, and maintain transparency in all operations. This increases trust in the token and contributes to its long-term stability in the market.

Launching your own token on Binance Smart Chain combines technical, legal, and marketing stages. Success depends on the quality of the smart contract, the transparency of the tokenomics, compliance with legal requirements, and competent work with the community. This approach allows you not only to create a digital asset, but also to ensure its liquidity, security, and compliance with European regulatory standards.

 How to launch your own token on Solana?

Launching your own token on Solana is the choice for projects that value high transaction speeds, minimal fees, and scalability. Solana differs from EVM-based networks in that it uses its own architecture and standards, but the token creation process remains fairly straightforward. It all starts with defining the purpose of the token and developing its concept. You need to understand whether it will serve as a medium of exchange, a management tool, collateral for DeFi products, or perform utilitarian functions within the ecosystem. Based on this decision, the emission parameters and tokenomics are selected — the total number of tokens, the rules for their distribution, and the mechanisms for incentivising participants. Technically, tokens on Solana are created using the SPL (Solana Program Library) standard, which is analogous to ERC-20 in the Ethereum ecosystem. To do this, you will need to install a wallet compatible with the Solana network, such as Phantom or Solflare, and top it up with a small amount of SOL to pay for transactions. The token is developed and issued using the SPL Token CLI command or graphical interfaces such as Solana Beach or Metaplex. When creating a token, its name, symbol, number of decimal places, and total emission volume are specified. After that, the token is published on the blockchain, and its address becomes available for use in applications and exchange between users. Before launching a token on the main network, it is recommended to test its release on devnet, Solana’s test network. This will allow you to verify that the commands are working correctly, check the logic of circulation, and avoid errors when deploying to the mainnet. After successful verification, you can release the token on the main network and, if necessary, create additional accounts for its storage or distribution. To ensure trust in the project, it is important to take care of the legal formalities. If the token is issued for the European market, the requirements of the MiCA Regulation must be taken into account. Utility tokens require the publication and registration of a white paper, while stablecoins and asset-backed tokens are subject to a more stringent licensing procedure, including reserve verification, capitalisation, and risk disclosure. If a token confers financial rights, it may be regulated as a security and require separate authorisation from the national regulator. After technical and legal launch, the token is integrated into the ecosystem. It can be added to wallet interfaces and decentralised applications, and to increase liquidity, it can be placed on a DEX, such as Raydium or Orca. Creating a liquidity pool allows users to exchange the token for other assets and increases its demand. At the same time, a marketing strategy should be prepared: create a project website, publish a white paper, set up communication channels, and regularly inform the community about the project’s development.Launching your own token on Solana is not just a technical operation, but a multi-stage process that includes designing an economic model, developing smart contracts, testing, complying with legal requirements, and building an ecosystem around the token. With the right approach, this allows you to create a fast, cheap, and user-friendly digital asset that can scale with the growth of the project and withstand the load even with a large number of transactions.

How to launch your own token on Solana Avalanche?

Launching your own token on Solana or Avalanche is a way to quickly bring a digital asset to market using modern, high-performance blockchains that offer low fees and scalability. Both blockchains differ from Ethereum in that they have their own architectures and development tools, but the process of creating a token is generally similar and includes defining the token’s purpose, parameters, and economic model, developing a smart contract or programme, testing, and publishing on the main network. Solana uses the SPL standard, which is analogous to ERC-20 and is supported by all wallets on the network. To issue a token, you need to set up a wallet, such as Phantom or Solflare, and top it up with SOL to pay for transactions. Tokens are created using the Solana Program Library (SPL Token CLI) or Metaplex interfaces, where you specify the name, symbol, number of decimal places, and emission volume. Once published, the token becomes available for use in all decentralised applications and on DEX. It is recommended to start testing on devnet to ensure the correctness of the circulation logic and avoid errors when transitioning to mainnet.

Avalanche offers token issuance on C-Chain, which is fully compatible with EVM, allowing you to use familiar tools such as Remix IDE, Hardhat, or Truffle. The ERC-20 standard is used here, and the contract is developed in Solidity. After writing the code, testing is carried out in Fuji Testnet, followed by deployment to the main network using MetaMask connected to Avalanche C-Chain. This approach ensures the token’s compatibility with the Avalanche DeFi ecosystem and support for most exchanges and wallets. In both cases, after the technical release of the token, it is important to prepare the legal documentation. For the European market, it is necessary to take into account the requirements of the MiCA Regulation, which classifies crypto assets and establishes obligations for issuers. Utility tokens require the publication of a white paper and notification of the regulator, while stablecoins and asset-backed tokens require a licence and sufficient reserves. If a token confers financial rights, it may be regulated as a security, which will require separate registration and compliance with investor protection rules.

The final stage is the integration of the token into the ecosystem: it is added to wallets and dApp interfaces, liquidity pools are created on DEXs such as Raydium, Orca (for Solana) or Trader Joe, Pangolin (for Avalanche), and a listing on centralised exchanges is prepared. At the same time, a marketing strategy is being developed: publication of the website and white paper, setting up communication channels, regular updates for the community. Launching your own token on Solana or Avalanche is not just about issuing a smart contract, but a complex process that includes development, testing, security auditing, legal review and the formation of an economic model. This approach allows not only to bring the token to market, but also to ensure its long-term liquidity, compliance with legal norms, and trust from users and investors.

 What licence is required for your own token in the EU?

If you issue your own token and want to offer it to users in the European Union, then after the entry into force of EU Regulation 2023/1114 (MiCA), you will need to comply with MiCA requirements and, in some cases, obtain a licence.

The licence requirement depends on the type of token and the nature of your business:

• Asset-Referenced Token (ART) and E-Money Token (EMT) – if your token is pegged to the value of a fiat currency or a basket of assets (e.g. stablecoin), you become an ART or EMT issuer. In this case, you will need to obtain authorisation from the competent authority of an EU Member State. The procedure includes submitting a white paper for approval, complying with prudential requirements, reserving capital, and fulfilling obligations to protect token holders.
• Utility Token – if the token provides access to a digital product or service, it is sufficient to register a white paper and notify the regulator. A full licence is not required for a utility token, but the document must comply with MiCA requirements, and the issuer is obliged to disclose risks and be prepared for audits.
• Security Token – if the token entitles the holder to a share of profits, voting rights or other financial rights, it may be recognised as a financial instrument. In this case, MiFID II and national securities laws apply, rather than MiCA, and a licence to issue or offer securities will be required.
• Crypto-Asset Service Provider (CASP) – if you not only issue a token but also provide services with it (exchange, custody services, platform management), you need to obtain a CASP licence in accordance with Article 62 of MiCA.

In other words, your own token in the EU does indeed require MiCA compliance:

• registration or licence for the issuer, depending on the token category;
• preparation and publication of a white paper that meets transparency standards;
• compliance with AML/KYC requirements, investor protection and reserve storage (for ART/EMT).

Creating your own token in the European Union requires not only the technical development of a smart contract, but also strict compliance with regulatory requirements. With the entry into force of Regulation (EU) 2023/1114 (MiCA), token issuers are required to register or obtain a licence by preparing a complete set of documents for submission to the competent authority of an EU Member State. The procedure begins with determining the category of the token. If the token is pegged to the value of a currency, basket of assets, or other reference asset, it is classified as an Asset-Referenced Token (ART). If the token is equivalent to electronic money, such as a stablecoin with a fixed peg to the euro or dollar, it falls under the category of E-Money Token (EMT). Utility tokens, which provide access to digital services or products, are subject to simplified registration with the submission of a notification and white paper.

The package of documents for submitting a licence application includes a detailed white paper, which must describe the issuer, business model, purpose of the token, its technological architecture, risks for holders, stabilisation mechanisms (if applicable), redemption or exchange procedures, as well as demand forecasts and issue volume. The white paper must be prepared in accordance with ESMA technical standards and contain comprehensive information enabling investors to make informed decisions. The application must be accompanied by corporate documents: the memorandum of association, articles of association, extract from the commercial register, and information on the ultimate beneficiaries. The regulator requires confirmation of sufficient own capital as provided for by MiCA: the minimum amount depends on the token category and may include fixed capital or reserve funds. For ART and EMT, an asset reservation plan and storage scheme, including information on banking partners or custodial providers, is mandatory.

Additionally, a description of the company’s organisational structure must be provided, including the composition of the board of directors, key officers, their qualifications and business reputation. The applicant is required to implement a corporate governance system that includes internal controls, risk management policies, procedures to prevent conflicts of interest and protect customer rights. An important part of the package is a description of cybersecurity and operational resilience measures. Regulators require issuers to have data protection policies, incident response plans, and regular stress tests. A description of the IT infrastructure and key service providers, including smart contract architecture, is attached. The regulator also verifies compliance with AML/KYC requirements. The applicant must submit an anti-money laundering and counter-terrorist financing policy, a description of customer identification procedures, transaction monitoring and reporting.

Once the documents have been prepared, the application is submitted to the competent authority of the chosen jurisdiction. The review period is up to 40 working days, provided that the package of documents is complete. The regulator may request additional information or make adjustments to the white paper. Once approved, the issuer obtains the right to issue the token in the EU and distribute it among users. For utility tokens, the procedure is simplified: it is sufficient to submit a notification of issuance and publish a white paper without undergoing full licensing, but the content of the document must comply with MiCA requirements and disclose key risks to users. Compliance with all stages of the procedure and the provision of a complete set of documents allows the issuer to legally issue tokens and distribute them throughout the European Union, using the single passport principle. This reduces legal risks, ensures investor confidence and opens up access to listing on regulated trading platforms.

How can Regulated United Europe help you launch your own token in the EU?

Launching your own token in the European Union requires not only technical expertise, but also a deep understanding of legal regulations, especially with the entry into force of Regulation (EU) 2023/1114 (MiCA). Companies planning to issue tokens are faced with the need not only to develop a smart contract and tokenomics, but also to prepare a package of documents that meet regulatory requirements, as well as to ensure compliance with AML/KYC rules, tax regulations, and requirements for the protection of investor rights, and then apply for a MiCA licence in the EU.

Regulated United Europe provides comprehensive support in this process. At the token design stage, specialists help determine its legal nature: whether it is a utility token, a stablecoin (ART or EMT), or falls under the definition of a financial instrument. This classification is crucial, as it determines whether the issuer will only be required to register a white paper and notify the regulator, or undergo a full licensing procedure with approval of the business model and asset reservation scheme. Next, all the necessary documentation is prepared. The team develops a white paper that complies with ESMA technical standards, disclosing the project’s objectives, issuance structure, governance mechanisms and potential risks to users. If necessary, a business plan, financial forecasts, a description of the IT infrastructure and information security procedures, risk management and internal control policies are prepared.

Regulated United Europe assists with the submission of the application to the competent authority of the chosen jurisdiction – be it Estonia, Lithuania, the Czech Republic or another EU member state – and interacts with the regulator until approval is obtained. If necessary, amendments are made to the documentation to speed up the licensing process. In addition to legal support, we provide advice on tax planning and token accounting, and develop AML/KYC procedures to prevent money laundering and terrorist financing. This is particularly important for projects planning public token sales or listings on trading platforms. The final stage is consulting on marketing and compliance issues: preparing a transparent communication strategy, disclosing information to investors, and ensuring GDPR compliance when processing users’ personal data. This approach allows companies to launch tokens in full compliance with European law, minimise regulatory risks and increase trust among market participants.