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What are the New Crypto Rules in Europe and the UK?


What are the New Crypto Rules in Europe and the UK?

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New crypto rules are emerging in Europe, defining a new era in the blockchain and cryptocurrency industry. The changes are not unexpected, considering how they represent the actualization of processes that started years ago in the pursuit of substantive regulatory frameworks for an emerging industry.

The Actualization of Crypto Regulation in Europe

It is worth noting that most of the frameworks that are being rolled out in Europe were finalized several months ago. Crypto practitioners were given deadlines, allowing them to adjust to the new era, with most deadlines expiring in December 2025. For instance, the EU’s Markets in Crypto-Assets (MiCA) regulation was formally adopted by the European Parliament on April 20, 2023, and published in the Official Journal on June 9, 2023.

Although the EU implemented MiCA in stages, authorities have started rolling out the framework …

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