Industry Update /
Ganado Advocates

MiCA Goes Live: A Milestone for Crypto Regulation

January 16, 2025

On 30 December 2024, the Markets in Crypto-Assets Regulation (MiCA) came into full force across the EU – ushering in a new chapter for the crypto-asset industry.

MiCA reinforces Malta’s appeal within the EU’s rapidly evolving digital economy. Malta’s regulatory landscape has long been shaped by the Virtual Financial Assets Act (VFA Act), which positioned the jurisdiction as a forerunner in crypto regulation. Since its implementation in 2018, the legal certainty afforded by the VFA Act, coupled with the accessibility and expertise of the Malta Financial Services Authority (MFSA), has encouraged various market leaders to choose Malta as the base for their crypto operations.

To read the rest of the article, please visit the following link: https://ganado.com/news/practice-news/mica-goes-live-a-milestone-for-crypto-regulation/
Authors: Mark Caruana Scicluna (Senior Associate), Kelly Cini (Advocate)