MiCA Regulation

Creating legal certainty for the crypto-asset market while protecting consumers and financial stability.

Key Provisions

MiCA establishes uniform rules for the offering to the public and admission to trading of crypto-assets. It introduces authorization requirements for Crypto-Asset Service Providers (CASPs).

Asset TypePrimary Rules
E-Money Tokens (EMTs)Strict reserve and safeguarding requirements.
Asset-Referenced Tokens (ARTs)Capital requirements and robust governance.
Other Crypto-assetsMandatory white paper publication.