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ARTICLE · 18 JUNE 2026

European Commission Launches MiCAR Review

William Fry LLP
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The European Commission has launched a targeted consultation on the Markets in Crypto-Assets Regulation (MiCAR), examining whether the EU's crypto-asset framework remains fit for purpose amid accelerating institutional adoption...

IrelandFinance and Banking
Shane Kelleher
Shane Kelleher
Louise McNabola
Louise McNabola
Jamie Mac Uiginn
Jamie Mac Uiginn
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On 20 May 2026, the European Commission (Commission) launched a targeted consultation on the operation of the Markets in Crypto-Assets Regulation (MiCAR) which will feed into reports the Commission is mandated to prepare under MiCAR.

In parallel, the Commission launched a wider public consultation on the topic. Both consultations close on 31 August 2026. This briefing focuses on the targeted consultation.

Although MiCAR has only been fully applicable to crypto-asset service providers (CASPs) since 30 December 2024, the Commission is already assessing whether the framework remains fit for purpose given accelerating institutional adoption of digital assets and significant changes in the wider international regulatory landscape.

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