Adoption of MiCAR


On 20 April 2023, the proposal for a regulation of the European Parliament and of the Council on markets in crypto-assets (“MiCAR”) was adopted by the EU Parliament.

For more information on MiCAR, please refer to our series of dedicated short videos

MiCAR enters into force on the twentieth day following that of its publication in the Official Journal of the European Union and applies 18 months after the date of its entry into force, save the provisions laid down in Title III on asset-referenced tokens and Title IV on electronic money tokens, which apply from the date of the entry into force of MiCAR.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Stay tuned for further information on MiCAR and should you have any questions on the above, please do not hesitate to contact one of our experts of the regulatory team.