The CSSF has proposed new regulations under the Markets in Crypto-Assets Regulation (MiCA), effective from 22 July 2026. These regulations require compliance with technical standards aimed at preventing market abuse and ensuring cooperation between authorities.
The instrument is Regulation (EU) 2023/1114, specifically addressing the requirements for crypto-asset service providers and issuers of asset-referenced and e-money tokens.
The regulations apply to crypto-asset service providers (CASPs) and issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs).
Entities must comply with the new standards by 20 August 2025. The CSSF will provide further guidance on the practical implications of these regulations as they develop.