European MiCA Regulation: The Industry’s Benchmark

The Markets in Crypto Assets (MiCA) regulation in the European Union sprang from existing rules governing securities but was tailored specifically for the fast-moving, ever-evolving cryptocurrency industry. It brings important clarity to the EU, which has become a haven for some companies in the space, and could serve as a template for regulation on a more global scale, something that is sorely lacking. 

This Javelin Strategy & Research report details the MiCA regulations—what they are and what they are not—and prescribes how companies steeped in digital assets should approach understanding and implementing compliance with the framework. It also considers how the precepts could provide a jumping-off point for jurisdictions with insufficient regulatory clarity, such as the United States, that otherwise might be left behind as the nascent crypto industry matures and evolves.

Key questions discussed in this report: 

• What is MiCA? 
• What are the global impacts of MiCA? 
• What will the implementation of this framework mean for the industry?

Companies Mentioned: 

Apple, A16z, Circle, Coinbase, European Securities and Markets Authority, Gemini, Ripple, Securities and Exchange Commission, Tether