EU Launches MiCA Framework Assessment, Opens Feedback Until August 31

According to ChainCatcher, the European Union has launched a formal public assessment and consultation of the Markets in Crypto-Assets Regulation (MiCA) on May 20, with feedback open until August 31. The evaluation covers MiCA's core regulatory framework, including crypto asset issuance, asset-referenced tokens (ART), electronic money tokens (EMT), and crypto asset service providers (CASP). The EU Commission cited rapid evolution in global digital asset markets and competitive pressure from regulatory advances in the U.S. and Asia as drivers for this review. MiCA's transition period concludes on July 31, 2026, when crypto enterprises must obtain full compliance authorization.
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