What is an issuer? Meaning, examples and issuer risk

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Context: who the issuer is in the case of a share, an ETF, an ETN, a certificate, a stablecoin and a stock token, what MiCA and prospectus law understand by it, and what an issuer insolvency leaves of 10,000 euros. With tables and a worked example.An issuer is the company, the state or the bank that issues a security or a crypto asset and stands behind it. With a share that is the public company, with a German federal bond the federal government, with a Bitcoin ETN the firm that brings the paper to market, and with a euro stablecoin a licensed bank or e-money institution. The documented position: European prospectus law calls an issuer any legal entity that issues securities, and the crypto regulation MiCA any person or firm that issues crypto assets. For your money, one question matters above all: do you hold a share in segregated assets, or merely a claim against the issuer? How we assess the risk of the individual products is set out further down as a marked assessment. The t...