The preparation and publication of white papers under MiCAR involve complex liability risks: In addition to civil claims (e.g., under the German Civil Code) and criminal liability risks, there are potential consequences under Articles 6 and 12 of the MiCAR Regulation in conjunction with Commission Implementing Regulation (EU) 2024/2984. This applies in particular to:

• Incomplete or misleading information in the white paper

• Related violations of transparency obligations toward investors

• Special liability for creators and users (CASP) that goes beyond general statutory liability

This is where our POSI insurance (Professional & Operational Solutions Insurance) comes in: As the world’s first solution of its kind, it specifically covers the regulatory and civil liability risks associated with the preparation, review, and publication of MiCAR white papers for the parties involved. With this innovative coverage concept, we provide security in a highly dynamic environment—and enable our partners to focus on their core business without being held back by liability issues.

Our approach combines:

✅ Comprehensive protection – from civil claims for damages to regulatory sanctions
✅ Regulatory precision – tailored to the requirements of MiCAR and its implementing regulations
✅ Practical risk mitigation – including, in particular, collaboration with the experts at Crypto Risk Metrics

With the POSI MiCAR Whitepaper Protect 2025, we are setting new standards for the insurability of digital assets—and providing you with the security you need to succeed in the regulated crypto world.