On 10 February 2025, the law of 6 February 2025 regarding,
notably, digital finance was published in the Official Journal
of Luxembourg (the "Law").
A National Framework for the Implementation of MiCAR
The Law sets out national rules for the application of
Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCAR). As a
reminder, MiCAR is the first harmonized regulatory framework within
the European Union governing the issuance, public offering, and
admission to trading of certain crypto-assets, as well as the
provision of crypto-asset services. It introduces strict
requirements regarding authorization, supervision, and investor
protection, aiming to create a safer and more transparent European
market for crypto-related activities.
