MiCA Is Now in Force: Europe’s Crypto Market Enters a New Compliance Era
Overview Europe’s Markets in Crypto-Assets Regulation, widely known as MiCA, has entered its full implementation phase. According to ESMA’s MiCA overview, MiCA establishes uniform EU rules for crypto-asset issuance, trading, service provision, disclosure, authorization, and supervision. Stablecoin-related rules started applying on June 30, 2024, while the broader MiCA framework became fully applicable on December 30, 2024. By 2026, the transitional phase is also coming to an end. In its statemen