Is the Crypto Infrastructure Ready?
The start of 2025 brings the crypto industry to a critical juncture. The United States, under the second Trump administration, is expected to make a pivot on its crypto policy. And across the Atlantic, the European Regulation on Markets in Crypto Assets (MiCA), the most comprehensive and ambitious legislation for virtual assets to date, became fully applicable.
MiCA: Regulating Crypto in the EU
A quick recap: MiCA’s first implementation date, June 30, 2024, applied to stablecoins (referred to as “Asset Reference Tokens” or “E-Money Tokens” under the MiCA-speak). Its second and final implementation date, December 30, 2024, brought all other regulated tokens and coins, as well as to crypto assets service providers (CASPs), under its…
