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ARTICLE · 01 APRIL 2024

Introducing The Harneys MiCA Assessment Tool: A Guide To Navigate EU Crypto Regulations

With the rules in EU Regulation 1114/2023 on markets in crypto-assets (MiCA) becoming applicable by the end of 2024, staying compliant is crucial for businesses...

European UnionTechnology

With the rules in EU Regulation 1114/2023 on markets in crypto-assets (MiCA) becoming applicable by the end of 2024, staying compliant is crucial for businesses operating within the European Union/the European Economic Area (EEA). To assist crypto-industry participants in understanding their regulatory obligations under MiCA, Harneys proudly presents its new MiCA Assessment Tool.

What is MiCA, and why does it matter?

MiCA introduces a first of its kind, comprehensive regulatory framework to govern the issuance, trading, and provision of services related to crypto-assets within the EU and EEA. The framework includes licensing requirements for Crypto-Asset Service Providers (CASPs), sets standards for issuers of E-Money Tokens and Asset-Referenced Tokens (stablecoins), and establishes rules for offering crypto-assets to the public and admitting them to trading.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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