What is markets in crypto-assets (mica)?

Markets in Crypto-Assets ( MiCA) is a regulation in EU law. It is intended to help streamline distributed ledger technology (DLT) and virtual asset regulation in the European Union (EU) whilst protecting users and investors. MiCA was approved on 20 April 2023 by the EU Parliament and will become law in 2024.

What does the mica Bill mean for crypto-assets?

The MiCA bill also asks those issuing crypto to publish a crypto-asset white paper with information about their project.

What is the European Commission's proposed regulation on markets in crypto-assets (mica)?

Everything you need to know about the European Commission’s proposed regulation on Markets in Crypto-Assets (MiCA) as part of its digital finance strategy. In September 2020, the European Commission introduced a proposal for a regulation on Markets in Crypto-Assets (MiCA) as part of its digital finance strategy.

What is a crypto-asset regulation?

By enhancing the protection of consumers and investors as well as financial stability, the regulation promotes innovation and use of crypto-assets. The regulation identifies and covers three types of crypto-assets, namely asset-referenced tokens (ART), electronic money tokens (EMT), and other crypto-assets not covered by existing EU law.