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The 10 things you need to know about MiCAR

Visual representations of cryptocurrency Ethereum, Litecoin and a Bitcoin are placed on Euro notes in this photo illustration
Photo: Yuriko Nakao/Getty Images

Bradley Rice | Ashurst, Etay Katz | Ashurst, Sid Ulker | Ashurst+1

5 min read
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Practical guide to MiCA Regulation with an invaluable timeline to December 2027.

1. What is MiCAR?

On June 9, 2023, the European Union adopted the Markets in Crypto-Assets Regulation (MiCAR). The Regulation provides a “world first” regulatory framework for issuers of certain crypto-assets existing on distributed ledger technology (DLT), as well as market operators, custodians and intermediaries providing services to support trading in those assets.

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