MiCAlainsäädäntöä

MiCAlainsäädäntöä refers to the legislative framework governing the use of MiCA, which stands for Markets in Crypto-Assets. This regulation is a comprehensive set of rules established by the European Union, designed to create a harmonized and secure environment for crypto-asset markets across its member states. The primary objective of MiCA is to provide legal certainty for crypto-asset service providers and users, foster innovation within the crypto sector, and ensure financial stability and consumer protection.

The legislation covers a wide range of crypto-assets, including utility tokens, asset-referenced tokens, and e-money tokens, while exempting certain types of crypto-assets like non-fungible tokens (NFTs) that are unique and not fungible. It sets out requirements for the authorization and supervision of entities involved in the issuance and provision of crypto-asset services. These requirements typically include obligations related to transparency, governance, and risk management.

Key provisions within MiCA address aspects such as the disclosure of information by issuers, rules for the operation of crypto-asset exchanges and custodian wallet providers, and measures to prevent market abuse. The regulation aims to integrate crypto-assets into the existing financial regulatory framework, thereby mitigating potential risks associated with their growing adoption and ensuring fair competition. MiCA is a significant step towards regulating the digital asset space at a supranational level, impacting how crypto businesses operate within the EU.