What Is the Purpose of the EU’s MiCA Regulation?
The Markets in Crypto-Assets (MiCA) regulation aims to create a unified and harmonized legal framework for crypto-assets across all EU member states. Its primary goals are to ensure investor protection, maintain financial stability, and foster innovation within the crypto space.
MiCA sets out rules for the issuance, public offering, and trading of various crypto-assets, including specific requirements for stablecoins and service providers. It seeks to provide legal certainty and market integrity.