The European Commission releases the second and final non-paper on a proposed EU framework for markets in crypto-assets (Jul20)
News & Media
  • CryptoUK
  • 19 July, 2020

Markets in Crypto-Assets (MiCA)

Further to the EC non paper on a EU framework for markets in crypto-assets published in May (see summary here). CUK has obtained the final non-paper released in July.

We are pleased to see that the commission has broadly listened to the industry and is proposing a bespoke regime for non security tokens (payment & utility). Also. that the commission is not considering stablecoins as a form of e-money.

Further details here.