Full Framework
Partial / Phasing
Regulatory Sandbox
Fragmented / Undefined

European Union

Jurisdiction: 27 Member States (Single Market)

Full Institutional Framework
Key Institutions
ESMA, EBA, ECB, National Competent Authorities (NCAs)
Available Licenses
CASP (Crypto-Asset Service Provider), EMI (E-Money Institution)
Regulation Timeline
JUNE 2024
MiCA Stablecoin (ART/EMT) titles enter force.
JAN 2025
DORA operational resilience implementation.
DEC 2024
Full MiCA CASP licensing window starts.
Access EU Policy Brief