Key takeaways as MiCA reaches the finishing line

Well over two years after the Markets in Cryptoassets Regulation (MiCA) was first proposed, the European Parliament gave it the green light on 20 April 2023 and MiCA was adopted by the Council on 16 May 2023. MiCA is likely to enter into force in July 2023 following publication in the Official Journal, with some provisions applying a year later and the rest from January 2025. Read more

HM Treasury publishes draft statutory order regulating UK crypto marketing

The Government has published the draft Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) Order 2023 (Order) along with an explanatory memorandum. This is the latest in a raft of measures enhancing the UK's oversight of cryptoasset activities, raising consumer protection standards while providing greater certainty for business. The Order follows the Government's previous consultation back in July 2020 and later responses in January 2022 . Read more