Tag: MiCA

The Markets in Crypto-Assets Regulation (MiCA) is setting a precedent, crafting a well-structured framework for regulating crypto-assets throughout the European Union (EU) which are not yet encased by current financial services legislations. 

The forthcoming Markets in Crypto-Assets Regulation (MiCA) aims to standardise the regulatory landscape for crypto-assets within the European Union (EU). This is particularly significant for crypto-assets that do not currently fall under existing financial services legislation. My Compliance Office (MCO) recently explored how companies can prepare for MiCA.

The European Securities and Markets Authority (ESMA), the top regulator and supervisor of the European Union’s (EU) financial markets, has issued its inaugural consultation package under the framework of the Markets in Crypto-Assets Regulation. Stakeholders are invited to share their views until 20 September 2023.

The world of digital currencies and assets has seen an explosive growth, prompting both opportunities and challenges for regulatory authorities. Eventus, a multi-asset class trade surveillance, market risk and transaction monitoring solutions provider, recently explained what firms need to know about MiCA.

Eventus recently outlined some of the key things compliance officers need to know around the new MiCA legislation.

EU lawmakers voted 517-38 in favour of the MiCA legislation, making in the first crypto law to be introduced by a major jurisdiction.

Set to go into effect in 2024, the Markets in Crypto-Assets Regulation (MICA) is the first all-encompassing effort to tackle cryptoassets. How will its passage change the crypto space?

The European Union has come one step closer to making crypto regulation a reality after it passed the Markets in Crypto Assets Regulation (MiCA) bill.