To avoid potential risks to investor protection, as well as to financial stability within the European single market, the Regulation on Markets in Crypto-assets (MiCAR) is about to introduce a harmonised and dedicated set of rules governing the activities carried out by crypto-asset service providers (the so-called CASPs), as well as a passporting procedure to facilitate the performance of these services within the EU on a cross-border basis or through the right of establishment.
Please see full publication below for more information.