MiCA will soon become fully applicable

The Markets in Crypto-Assets Regulation (Regulation (EU) 2023/1114) (MiCA) entered into force in June 2023, with the aim to harmonise market rules for cryptoasset activities which are not otherwise regulated by existing financial services legislation across the EU. The provisions under MiCA which relate to “stablecoins” (i.e. asset-referenced tokens (ARTs) and e-money tokens (EMTs)) have already been applicable since 30 June 2024 – and from 30 December 2024, MiCA will become fully applicable.

The Hogan Lovells solution
Our Digital Assets and Blockchain (DAB) Practice is at the heart of the industry. From your choice of jurisdiction to understanding the rules relating to your business activities, we are best placed to support you in getting ready for MiCA.

Click here to download our quick guide to the authorization requirements under MiCA, the obligations on cryptoasset service providers and issuers, and the relevant timelines.

Please reach out to one of our team members to find out more.