Understanding MiCA: What's Next for the EU's Landmark Legislation
summary
MiCA is now adopted after two years of negotiation and a confirming vote, with entry into force expected early next year and phased application later; it replaces fragmented 2019 national laws across 27 states and imposes a pan‑EU licensing procedure for most crypto businesses, creates new supervisory standards and implementing acts for NFTs, DeFi and stablecoin rules, and signals regulators will work with industry on technical implementing guidance and AML alignment.
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chapters (7)
- 0:00Introduction
- 1:05MiCA vote and process
- 3:36Motivations for MiCA
- 8:36Global harmonization
- 13:14Next steps after MiCA
- 19:17Regulator dialogue and compliance
- 24:16Closing remarks
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