EU RegCORE Client Alert | EU Digital Single Market, financial services and crypto-assets
QuickTake
The EU's Markets in Crypto-Assets Regulation (EU) 2023/1114, commonly known as MiCAR, introduced a comprehensive framework for the regulation of crypto-assets across the EU, including detailed requirements for the publication of crypto-asset white papers. A key element of this framework is the requirement that white papers be made available in a machine-readable format, which is intended to facilitate supervisory oversight, data aggregation and comparability across the single market. This Client Alert summarises those obligations.
Current status and outlook
As of March 2026, MiCAR has been fully applicable since 30 December 2024 for all categories of crypto-assets. ESMA and the EBA have published final versions of several of the relevant RTS and ITS and NCAs across Member States are actively processing white paper notifications. Issuers and their advisers should ensure they are
