The European Securities and Markets Authority (ESMA) announced the implementation of the Markets in Crypto-Assets Regulation (MiCA), which entered into force in June 2023. The regulation requires compliance with transparency, disclosure, and supervision of transactions involving crypto-assets, particularly asset-referenced tokens and e-money tokens.
ESMA relies on Articles 109 and 110 of the MiCA Regulation to publish a central register of crypto-asset white papers, authorized crypto-asset service providers, and non-compliant entities by 30 December 2024.
The regulation applies to crypto-asset service providers (CASPs) that must prepare for new requirements, including white paper formatting and record-keeping obligations. During the transitional phase until 1 July 2026, existing CASPs may continue operating under national laws if they apply for MiCA authorization.
ESMA will update the interim MiCA register weekly. Compliance officers at CASPs must ensure timely and accurate submissions to avoid non-compliance issues.