MiCA – Issuers and Tokens

MiCA – Issuers and Tokens

The Markets in Crypto Asset Regulation (EU) 2023/1114, commonly referred to as MiCA, is a legislative framework applicable in the European Union to crypto-assets and crypto-assets service providers. It will mainly apply from 30 December 2024 (with the exception of Titles III and IV coming into force from 30 June 2024). The Regulation seeks to promote transparency and responsible corporate governance amongst token issuers, thus seeking to protect holders against any liquidity crises and mismanagement similar to the FTX one.

The article describes the disclosure and issuance rules for crypto-assets, including special provisions for significant tokens and it is available in full here.