MiCA Regulation: Embarking on a new era for Crypto-Assets & CASP

The adoption of the Markets in Crypto-Assets (MiCA) Regulation by the European Council (EC) marks a momentous milestone in establishing a pioneering legal framework for crypto-assets at the EU level. MiCA is designed to protect investors, enhance transparency, and establish a comprehensive set of compliance rules for both issuers and service providers in the crypto-asset industry.

The MiCA Regulation introduces harmonized regulatory obligations for the issuance and offering of crypto-assets, and the operation of crypto-asset service providers (CASP) established in the EU. As a result, national legislation implemented by EU Member States on an individual basis will be repealed and replaced by MiCA.

Throughout this article, the SALVUS Crypto-Assets team examines important aspects of MiCA Regulation coming into force, and discusses key benefits of the harmonized framework, as follows:

1. The chronology of MiCA
2. Unlocking the MiCA benefits
3. Three key provisions of MiCA

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Find the full article here: https://salvusfunds.com/2023/05/31/mica-regulation-embarking-on-a-new-era-for-crypto-assets-casp/