European Council approves MiCA Regulation

2022-10-07T13:45:00
European Union
On October 5, 2022, the European Council approved the final version of the Proposal for a Regulation on Markets in Cryptoassets
European Council approves MiCA Regulation
View document
October 7, 2022

Key aspects

>   The European Council’s approval of the MiCA Regulation is a significant move forward for the cryptoassets industry on a European and worldwide level.

>   The European Parliament still has to approve the MiCA Regulation; the vote is scheduled for October 10, 2022. 

>   Entities engaging in cryptoasset activities will have up to 18 months to comply with this regulation, which is expected to become applicable by the end of 2024.

 

View document
October 7, 2022