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Cryptocurrency Regulatory Compliance: Navigating the Evolving Landscape with Confidence, Including MICA Compliance

In the dynamic world of cryptocurrencies, regulatory compliance is essential. At Eddwise, we provide comprehensive solutions to assist organizations in navigating the cryptocurrency landscape while ensuring compliance and security. Our expertise lies in helping businesses meet the regulatory requirements, including the proposed MICA (Markets in Crypto-Assets) regulations by the European Union.

Our Cryptocurrency Regulatory Compliance services offer tailored solutions to address the unique challenges posed by cryptocurrencies while meeting MICA requirements. We assist organizations in establishing robust compliance programs that encompass regulatory frameworks, including authorization, capital requirements, investor protection, governance and risk management, AML/CFT compliance, consumer protection, market integrity, and third-party audits.

Our team of experts stays up-to-date with the evolving MICA landscape, providing guidance on compliance with the proposed regulations. We assist in implementing necessary measures, such as KYC (Know Your Customer) procedures, transaction monitoring systems, and disclosure requirements, to ensure compliance with MICA regulations.

Additionally, we offer comprehensive assistance in meeting MICA requirements, including support in obtaining authorization, developing governance structures, implementing risk management procedures, and conducting periodic compliance audits. Our goal is to ensure that organizations are fully compliant with MICA regulations and equipped to navigate the evolving cryptocurrency landscape while adhering to regulatory standards.

Partner with Eddwise for Cryptocurrency Regulatory Compliance, including MICA compliance, and gain the assurance that your operations align with regulatory requirements and industry best practices. We provide the expertise and guidance necessary to navigate the evolving cryptocurrency landscape, embrace opportunities, and ensure compliance with regulatory standards, including the proposed MICA framework by the European Union.

Download MICA Regulation

MICA FRAMEWORK

MICA (Markets in Crypto-Assets) is a regulatory framework proposed by the European Union for the regulation of crypto-assets. While the final regulations are subject to change, some key requirements outlined in the MICA proposal include:

Authorization

Crypto-asset service providers would need to obtain authorization from the relevant regulatory authorities to operate in the European Union.

Capital Requirements

Crypto-asset service providers would be required to meet certain capital requirements to ensure financial stability and safeguard customer funds.

Investor Protection

Measures would be in place to protect investors, including disclosure requirements, clear information about risks, and appropriate safeguards for custody of crypto-assets.

Governance and Risk Management

Crypto-asset service providers would need to have robust governance structures and risk management procedures in place to ensure compliance with regulatory standards and mitigate operational risks.

AML/CFT Compliance

Compliance with Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations would be mandatory, including KYC (Know Your Customer) and transaction monitoring procedures.

Consumer Protection

Measures would be implemented to safeguard consumers, including rules on advertising, transparency, and complaints handling.

Market Integrity

Requirements would be in place to ensure fair and transparent markets, including rules on market abuse, insider trading, and reporting obligations.

Third-Party Audits

Crypto-asset service providers may be required to undergo periodic audits by independent third parties to assess compliance with regulatory requirements.