Definition ∞ The European Rulebook refers to the comprehensive body of financial regulations and directives established by the European Union. This framework aims to harmonize financial market operations, consumer protection, and anti-money laundering measures across member states. It provides a standardized regulatory environment for financial entities.
Context ∞ The European Rulebook is undergoing significant revisions to address digital assets and blockchain technology, with the Markets in Crypto-Assets (MiCA) regulation being a central component. This regulatory adaptation seeks to provide legal clarity, consumer safeguards, and market stability for the rapidly growing digital asset sector within the EU.