The Markets in Crypto-Assets (MiCA) regulation is a landmark EU law designed to regulate the cryptocurrency market.
It aims to provide a consistent legal framework for crypto assets across EU member states, covering areas like consumer protection, market integrity, and operational requirements for crypto service providers.
MiCA classifies crypto assets into categories like asset-referenced tokens (ARTs) and e-money tokens (EMTs), imposing specific rules for each.
By establishing clear guidelines, MiCA seeks to foster innovation while mitigating risks associated with crypto, promoting greater consumer confidence and market stability within the EU.