EU crypto regulation MiCA comes fully into force

DG Fisma: the European Commission’s Directorate-General for Financial Stability, Financial Services and Capital Markets Union published an overview of progress towards implementation of MiCA in the run-up to Christmas | Credit: Ian Hall

The European Union (EU)’s landmark regulation for the increasingly high profile crypto-assets sector comes into full force today (30 December).

The 27-member bloc’s Markets in Crypto-Assets (MiCA) regulation (also abbreviated to MiCAR) was approved by European parliamentarians in April last year, making the EU the world’s first major jurisdiction to establish a comprehensive regulatory framework for crypto-assets.

Part of a series of measures relating to digital finance…

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