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MiCA Full Application for Crypto-Asset Service Providers

European Union · ESMA · Effective 2024-12-30

The EU's Markets in Crypto-Assets regulation is now fully applicable, requiring CASPs to hold authorization from national regulators to operate across the bloc.

Why it matters

MiCA is the world's most comprehensive crypto framework. Exchanges and stablecoin issuers without authorization face being locked out of the EU market.

Timeline

2023-06-09

MiCA published in EU Official Journal

2024-06-30

Stablecoin provisions apply

2024-12-30

Full application for CASPs

#licensing#stablecoins#exchanges

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