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EU Regulation on Crypto - MICA

  • Writer: Kaja Vagle
    Kaja Vagle
  • Jan 27
  • 1 min read

Updated: Feb 18

The Markets in Crypto-Assets Regulation (MiCAR) is the European Union’s first comprehensive regulatory framework for crypto-assets. It aims to create legal clarity and enhance consumer protection. MiCAR was fully implemented across the EU in December 2024.


Key Ways MiCAR Will Shape the European Crypto Industry:

  • Unified Regulation – Establishes a common set of rules for crypto businesses across all EU member states.


  • Stronger Consumer Protections – Requires clear disclosures from crypto service providers and stablecoin issuers.


  • Licensing Requirements – Crypto companies must obtain authorization to operate within the EU.


  • Stablecoin Oversight – Stricter regulations for stablecoin issuers to ensure financial stability.


  • Increased Market Integrity – Implements measures to prevent market abuse and ensure transparency.


What About Norway?

Although Norway is not an EU member, MiCAR will also apply through the EEA (EØS) Agreement. This means Norwegian crypto businesses will need to comply with MiCAR’s requirements in the near future, aligning Norway’s regulations with the rest of Europe.


 
 
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