The European Union (EU) has signed the Markets in Crypto-Assets (MiCA) bill into law following final approval from finance ministers. The framework will come into force after publication in the Official Journal of the European Union, although its provisions will not apply until 2024 following the expiry of transitional periods of 12 months for stablecoins and stablecoin issuers and 18 months for other crypto-assets and crypto-asset service providers (CASPs). The final approval of MiCA some three years after its introduction creates a consistent regulatory framework for crypto-asset issuers and CASPs across the EU member states.
CH-020096 (Webpage Portal) 2023-06-07 (Published) 2023-06-07 (Updated)
