The Markets in Crypto-assets Regulation (MiCA) framework was first introduced in 2020 as a proposal to regulate crypto-asset markets in the European Union It is due to come into effect by mid-2024 and so crypto-assets issuers and crypto-assets service providers will need to start preparing for the regulatory requirements.
We’ve set out below the key information firms need to know about the authorisation requirements as well as recommended next steps.
For more information on the MiCA framework, Cleveland & Co External in-house counsel™, your specialist outsourced legal team, are here to help.