Definition ∞ The MiCA regulatory framework is the Markets in Crypto-Assets regulation, a comprehensive legislative package established by the European Union to govern digital assets. This framework aims to provide legal clarity and harmonize rules for crypto-asset issuance and services across EU member states. It covers various crypto assets, excluding those already regulated by existing financial legislation.
Context ∞ The MiCA regulatory framework is a landmark piece of legislation poised to significantly influence the global crypto industry, setting a precedent for international standards. News frequently covers its phased implementation, particularly the stablecoin rules and authorization requirements for crypto service providers. Businesses operating in the EU are actively preparing to meet its stringent compliance demands.