MiCA becomes fully applicable across the EU
The European Union's Markets in Crypto-Assets Regulation reaches its general application date, creating a common framework for crypto-asset service providers.
On December 30, 2024, MiCA becomes fully applicable across the EU. The European Union's Markets in Crypto-Assets Regulation reaches its general application date, creating a common framework for crypto-asset service providers.
MiCA's general application date brought a common EU licensing and conduct framework into force for crypto-asset service providers. Bitcoin itself was not issued under MiCA, but exchanges, custodians and brokers serving Bitcoin users were directly affected.
The event marks a change in the legal environment around Bitcoin access, custody, mining, reporting or financial products, with consequences determined by the specific jurisdiction and stage of the action.