MiCA

Markets in Crypto-Assets Regulation (Regulation (EU) 2023/1114)

Fully applicable since 30 December 2024 (stablecoin titles since 30 June 2024)

MiCA is the EU's comprehensive crypto-asset framework: authorization and conduct rules for crypto-asset service providers (CASPs), and issuance regimes for asset-referenced and e-money tokens (stablecoins). It replaced the patchwork of national regimes with a passportable EU licence.

MiCA's global significance is as a template: regulators worldwide are converging on MiCA-like structures or explicitly positioning against them, and third-country firms serving EU users need a CASP authorization or an exit plan. The live question in 2026 is implementation practice — authorizations granted, supervisory expectations, and how non-EU jurisdictions respond.

This page tracks MiCA-related publications and the international regulatory responses to it across RegAlert's 200+ monitored regulators, updated same-day.

Instrument:

Regulation (EU) 2023/1114 — directly applicable

Stablecoin titles:

Apply since 30 June 2024

CASP regime:

Applies since 30 December 2024 (with national grandfathering windows)

Who it affects:

Exchanges, custodians, stablecoin issuers, brokers serving the EU