Markets in Crypto-Assets Regulation, or MiCA, is a comprehensive legal framework for digital assets within the European Union. MiCA establishes uniform rules for the issuance, public offering, and trading of crypto-assets, as well as for the operation of crypto-asset service providers across EU member states. It aims to provide legal certainty, support innovation, ensure consumer protection, and maintain financial stability. The regulation classifies various crypto-assets and sets specific requirements for each category, including authorization, governance, and disclosure obligations.
Context
MiCA represents a landmark legislative effort globally, establishing a harmonized regulatory environment for digital assets within a major economic bloc. Its implementation is a critical event for the crypto industry, impacting market access, operational procedures, and compliance costs for businesses targeting EU customers. The regulation’s influence extends beyond Europe, serving as a potential model for other jurisdictions developing their own digital asset frameworks.
CASPs must now implement ESMA's precise distinctions for order execution services and secure compliant white papers for all legacy tokens by the 2027 deadline.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
