MiCA brings big changes for crypto in the EU
The regulation’s success will depend on consistent enforcement across the EU and balancing oversight with growth, amidst a global trend towards more comprehensive crypto regulation.
The European Union’s landmark crypto regulation, the Markets in Crypto-Assets (MiCA) framework, officially took effect on 30 December 2024, promising to streamline the industry across all 27 member states. MiCA introduces a unified rulebook to replace the fragmented national laws that previously governed the sector. Its goals include boosting transparency, reducing risks for investors, and fostering innovation in an industry often marred by scams and market instability.
Under MiCA, crypto token issuers must meet…
