Markets in Crypto-Assets Regulation (MiCAR)

The year 2025 marks a turning point for the regulation of Bitcoin, Stablecoins and other crypto-assets with the entry into force of the EU Regulation 2023/1114 on the Markets in Crypto-Assets (MiCAR).

The MiCAR creates the world's first comprehensive regulatory framework for the law of units of value based on distributed ledger technology (crypto-assets). Written in English, this book explores each of the near 150 provisions of the MiCAR.

The comprehensive commentary of the extensive EU wide-rules therefore serves as an indispensable guide to understanding new EU-wide requirements concerning, for instance,

• transparency and disclosure;
• authorisation and supervision; and
• protection of holders and clients.

Advantages at a Glance

• Article-by-Article approach
• Comprehensive and up-to-date
• Specialist authors