The Commission is seeking comments on the functioning of EU rules on crypto-assets

The European Commission has launched a consultation to gather feedback from stakeholders and the general public on the functioning of the EU’s regulatory framework for crypto-assets, the Markets in Crypto-assets Regulation (MiCA).

As crypto-asset markets and the broader policy landscape continue to evolve, the Commission is assessing whether the current framework remains fit for purpose.

Introduced in 2024, the MiCA Regulation established a harmonised EU framework for crypto-assets and related services, covering crypto-assets, asset-backed tokens and electronic money tokens (stablecoins), their issuers and crypto-asset service providers.

Since the drafting of the MiCA Regulation, digital asset markets have continued to evolve, and the global political and regulatory landscape has also changed significantly. The Commission is therefore assessing whether the EU framework needs to be updated in light of market developments and the international context.

The consultation seeks feedback on the main components of MiCA. It includes apublic consultationfor individuals and a targeted consultation addressing more technical and legal issues of interest to stakeholders such as digital asset issuers and service providers, financial institutions, technology providers, academia, research centres, industry bodies, consumer and public interest organisations, and EU public authorities.

The consultation will remainopen until 31 August,and all views gathered will be used to inform the Commission’s future policy work on digital assets.

More information: European Commission.