
*By Costas Papadopoulos
The European Union’s Markets in Crypto-Assets Regulation (MiCA) marks a watershed moment in digital finance, introducing the world’s first comprehensive regulatory framework for crypto-assets. As this landmark regulation takes effect, it’s transforming how both traditional and digital financial institutions operate across Europe and beyond.
At its foundation, MiCA brings clarity to the crypto landscape through clear asset classification and oversight. The regulation defines specific categories for digital assets, including Asset-Referenced Tokens and Electronic Money Tokens, each with tailored requirements that address their unique risks and use cases. This classification provides the structure needed for sustainable market growth.
For…