MiCA (Markets in Crypto-Assets Regulation) is a regulatory framework proposed by the European Commission to provide legal clarity and regulatory oversight for cryptocurrencies and crypto-assets within the European Union. The regulation aims to establish rules and requirements for various crypto-asset service providers, including issuers, trading platforms, and custodians, operating within the EU. MiCA seeks to address key areas such as investor protection, market integrity, and financial stability while fostering innovation and promoting the competitiveness of the European digital finance sector. By introducing a comprehensive regulatory framework, MiCA aims to enhance transparency, mitigate risks, and facilitate the integration of digital assets into the broader financial system of the European Union.
