Most traders do not fail because they misunderstand markets.

They fail because they misunderstand the environment they trade in.

This is where MiCA enters the picture.

The Markets in Crypto-Assets Regulation is often discussed as a legal framework for firms, exchanges, and issuers. And that is technically correct. Traders are not regulated by MiCA. No one asks for a trading license. No one limits how often you can trade.

Yet many traders have already been affected by MiCA, without realizing that MiCA was the reason.

When a platform suddenly changes that’s MiCA at work

Consider a trader who has been using a popular crypto platform in the EU for years. One day, onboarding changes. Additional disclosures appear. Certain…