The Markets in Crypto-assets Regulation (MiCA) is the European Union’s first comprehensive legal framework for crypto-assets across all member states, adopted as Regulation (EU) 2023/1114. It entered into force in June 2023 and will apply in two phases: stablecoin rules from 30 June 2024, and broader crypto-asset and service provider requirements from 30 December 2024.
MiCA aims to harmonise the regulation of crypto-assets across the EU, enhance consumer and investor protection, ensure financial stability, and support innovation by creating a single rulebook for the sector.
