Catenaa, Saturday, February 28, 2026- Privacy-focused Layer 1 protocol Salvium announced that an independent legal analysis by German law firm Gunnercooke GmbH confirms its SAL token complies with the EU Markets in Crypto-Assets Regulation (MiCAR) and can be listed on regulated exchanges.
The legal opinion addresses Article 76(3) of MiCAR, which has restricted privacy-focused crypto-assets by requiring exchanges to identify token holders and their transactions.
The analysis determined that SAL’s privacy features do not violate MiCAR, as its design allows exchanges to verify holders and transaction histories using custodial onboarding, CARROT addressing, viewkeys, and SPARC protocols.
SAL is classified as an “Other Crypto-Asset” under MiCAR, similar to Bitcoin and most Layer-1 tokens, and is not considered a utility token, e-money token, or financial instrument.
The opinion confirms that privacy-by-default functionality does not prevent SAL from trading on EU-authorized platforms such as Coinbase, Bitpanda, Bitvavo, and OKX.
Salvium’s CEO highlighted that the project demonstrates privacy and regulatory compliance can coexist, providing a foundation for wider adoption while adhering to EU law.
The protocol was designed to enable private transactions while giving exchanges the tools to meet legal obligations.
The legal review sets the stage for SAL to integrate into MiCAR-compliant exchanges and supports the broader adoption of regulated privacy coins. Salvium combines Monero-inspired privacy with native staking, DeFi capabilities, and future smart contract functionality.
