7 November 2024

Implementation of the Markets in Crypto-assets Regulation (MiCAR): A Jurisdictional Comparison

With the Markets in Crypto-Assets Regulation (MiCAR) (Regulation (EU) 2023/1114) becoming fully applicable by the end of this year, cryptoasset service providers seeking to offer their services across the EU now need to consider which jurisdiction is most suitable for them to file their CASP authorisation applications and the extent to which they can avail of national transition regimes.

      

In this document, our global Digital Assets and Blockchain (DAB) team sets out a comparative guide across France, Italy, Ireland, Germany, the Netherlands, and Spain, covering a number of relevant factors including: 

  • the status of national implementation of MiCAR,
  • timing considerations such as transitional regimes and estimated timings for CASP authorisation applications under MiCAR, and
  • the number of virtual asset service providers registered under existing regimes.

Access the guide by clicking the 'Read more' button. 

    

Authored by Dr Sébastien Gros, Elisabetta Zeppieri, Eimear O'Brien, Max von Cube, Janelle de Ruiter, Carlos Carbajo Amigó, and Christina Wu.