The EU Markets in Crypto-Assets Regulation is a European Union framework establishing harmonised rules for crypto-asset issuance, trading and service provision, covering asset-referenced tokens, e-money tokens, and crypto-asset service providers across EU member states.
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- The Markets in Crypto-Assets Regulation, known as MiCA, is European Union legislation that creates a single regulatory framework for crypto-assets not already covered by existing financial services law. It was adopted in 2023 with provisions applying in stages.
- MiCA sets requirements for issuers of asset-referenced tokens and electronic money tokens, and for crypto-asset service providers. It addresses authorisation, disclosure, governance and consumer protection across European Union member states.