The European Commission announced Wednesday it is seeking public and industry feedback on whether the EU's Markets in Crypto-Assets Regulation (MiCA) remains suitable as digital asset markets evolve.
The consultation, open until August 31, invites responses from crypto firms, financial institutions, technology providers, academics, and consumer groups.
MiCA was enacted in 2023, establishing the EU's first harmonized regulatory regime for crypto-assets. Stablecoin rules took effect in June 2024, with full application in December 2024.
The Commission cited rapid market changes and shifts in international regulatory landscapes as reasons for the reassessment.
The consultation includes both a public questionnaire and a targeted technical survey on legal and operational aspects.