MiCA – Service providers

MiCA – Service providers

The Market in Crypto Asset Regulation (EU) 2023/1114, commonly referred to as MiCA, is a legislative framework applicable in the European Union to crypto-assets issuers and service providers. The role of the Regulation is to assure an efficient and prudent management of the crypto-asset service providers, as well as to enable fair market rules without abusive practices.

The article discusses the regulatory mechanisms for the providers in the cryptocurrency sphere which offer services to their clients within the European Union. It also presents the legislative framework to prevent market abuse in this specific economic sphere and it is available in full here.