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The EU's Markets in Cryptoassets Regulation (MiCAR) is about to become law and will apply to crypto issuers and service providers globally of emoney tokens asset-referenced tokens and a catch-all category of general cryptoassets.
Security tokens, NFTs and DeFi projects are excluded from MiCAR.
The majority of MiCAR's provisions will become applicable in 2024 after a transition period.
Are you a crypto asset issuer or service provider?
Our FinTech and FinReg team can help you better understand MiCAR and how it applies to you.