Prashant Sharma | Infinilex ⚖️

Founder @Infinilex | Legal & compliance for Web3, DeFi, RWA founders
India 🇮🇳 US 🇺🇸 UAE 🇦🇪 | Structuring, token law, VASP licensing, AML

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

https://t.co/Z2PtMtGQ12

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

If you need help with any of the above, the team at @Infinilex has been working with founders to make them MiCA-ready and has applied for MiCA authorisation and registrations for EU-facing businesses. Drop us a DM and we are happy to chat on solving this for you!

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

What to do now?
A. Map your user base by jurisdiction- what % is EU?
B. If material, decide: authorise, partner, geo-fence, or relocate
C. If you've started authorisation, confirm it's "in process" status before 1 July
D. If not, geo-fence EU users now rather than operate non-compliant.

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

For any international founders who think that since they are not in the EU, MiCA does not apply to them, you are wrong.
The test under MiCA is whether you have EU users and not if you are structured inside the EU.

A Cayman issuer with EU holders needs to think about MiCA. A Dubai exchange with EU clients does too.

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

MiCA authorisation is neither cheap nor fast. Coupled with heavy compliance requirements, the compliance officer appointment and governance framework, anyone who is not prepared will not be able to meet the July 1 deadline practically.

So, how do we avoid liabilities associated with non-compliance?

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

The best practical way for you to ensure avoidance of non-compliance penalties is that while you act on MiCA authorisation procurement, you also:
i. Geo-fence your offerings from EU users,
ii. Pause EU operations, or
iii. Partner with a compliant and pre-authorised CASP as an agent.

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

If you have EU users and you are:
exchanges serving EU retail
custody providers with EU clients
token issuers who marketed to EU holders
wallet providers with EU users
any CASP that relied on a national licence (Germany BaFin, France AMF, etc.) under the transitional regime,

This affects you!

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

If you don't have a MiCA authorisation in process by 1 July:
i. You can no longer legally provide crypto-asset services to EU clients
ii. ESMA's register will list you as non-compliant
iii. Member-state regulators can enforce regulations

The "we operated under the old national regime" defence expires soon.

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

MiCA article 143(3): entities providing crypto-asset services under national law before 30 December 2024 can continue until 1 July 2026. or until they're granted or refused MiCA authorisation, whichever comes first.

This window shall be closing soon.

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

If you are an EU-facing blockchain business, you have about 4 weeks' time to prepare for MiCA compliance. After that, no MiCA means no EU operations.

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

@0xsahil @beanstalk_fi @beanstalk_fi to the moon!

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

@czamaru @0xsahil @SuperteamUK Always happy to help! :)

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

Coinbase just made India its ONLY international launch for the next 12 months, and anchored the entire entry on compliance and FIU-IND registration, not pricing or features.

Their APAC head said it plainly: "Our DNA is leading in and leaning in on compliance."

That's the signal for every Indian Web3 business: the era of regulatory grey-zone operation is ending quickly.
The world's most scrutinised exchange just set the compliance bar for this market: FIU registration, local order books, cold storage attestation, quarterly audited financials.

If a global player is competing on compliance rather than around it, Indian founders in the Web3 space have no leeway to treat compliance as an afterthought.

The Indian VDA compliance baseline just moved. Is your structure ready for it?

@Infinilex

[Coinbase 🛡️ @coinbase]

Coinbase is now live in India with direct INR rails.

Users across India can now seamlessly access global liquidity and institutional-grade execution at the lowest total cost of trading in the market.

Making access to the future of finance easier than ever.

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

@0xsahil @beanstalk_fi @paarugsethi @SuperteamIN @AnishDe12020 Congratulations, Sahil!

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

Excited to announce the partnership between @Infinilex and @CollablyNetwork!

Onwards & upwards!

[Collably Network @CollablyNetwork]

🌐 Strategic Partnership Announcement 🤝

We are pleased to announce a strategic partnership between Collably Network and Infinilex.

Infinilex supports Web3 builders with essential services across legal structuring, compliance guidance, operational setup, market readiness, and ecosystem expansion. Their focus is to help projects build stronger foundations before scaling across global markets.

Through this collaboration, Collably Network and Infinilex aim to provide Web3 projects with better access to trusted support, strategic guidance, founder-focused initiatives, educational resources, and ecosystem growth opportunities.

This partnership strengthens our shared mission to help Web3 builders scale more professionally, operate with stronger infrastructure, and unlock long-term growth through the right network and support system.🚀

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

@elliptic On-chain specifics: wallet addresses, tx hashes, mixer/sanctioned linkages, and a clear narrative of red flags are crucial components of a crypto SAR and form a key piece in an evidence trail if there is a case to be pursued.

Great read on the blog post @elliptic !

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

I wrote a piece on the recent CT storm caused by the SEC announcement on tokenized stock exemption.

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

https://t.co/Z2PtMtGQ12

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

The SEC's "innovation exemption" for tokenized stocks is the most significant US securities market move in a decade.

However, the headline is burying the real story. Article tomorrow.

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

Once executed, this will be the single largest validator for the blockchain and RWA ecosystem.

A lot of potential to build something like a Robinhood app for the tokenised assets and bring in a new age of innovation to what could be tokenised and traded by retail investors!

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The SEC is set to release its so-called "innovation exemption" for tokenized stocks which will pave the path for trading digital versions of securities, per Bloomberg.

Details include:

1. In a "surprise move," the SEC is leaning toward allowing the trading of tokenized assets

2. These tokenized assets would be tradeable on decentralized crypto platforms

3. The move could "reshape the landscape of the American stock market"

4. This would also be one of the US' biggest shifts into crypto infrastructure yet

Tokenized assets are rapidly expanding.

[Prashant Sharma | Infinilex ⚖️ @prashant__sha]

The CLARITY Act clearing the Senate Banking Committee, is not the milestone CT will treat it as.

3 unresolved fault lines remain: ethics provisions are still open, the stablecoin yield compromise is fragile, and the Senate calendar is tightening.

That is the vote that counts!