Markets in Crypto-Assets RegulationMiCARMarkets in Crypto-Assets Regulation

The Markets in Crypto-Assets Regulation (MiCAR) is a landmark EU law establishing a uniform regulatory framework for the crypto-asset market. It aims to provide legal certainty, protect consumers and investors, and ensure financial stability by introducing a licensing regime for Crypto-Asset Service Providers (CASPs), imposing strict rules on stablecoin issuers, and mandating transparency through "crypto-asset white papers." MiCAR standardizes requirements for issuance, trading, and services related to a wide range of crypto-assets not covered by existing EU financial law, thereby fostering a safer and more transparent environment for crypto-asset markets across the bloc.