Web3 Lawyer: The EU MiCA Regulation Officially Takes Effect, Explaining the New Norms for Web3 Companies

On December 30, 2024, the EU Regulation on Markets in Crypto-Assets (hereinafter referred to as the 'MiCA Regulation') officially takes effect, marking a new era for the compliance framework of crypto assets in Europe. In our previous series of articles, we have introduced key definitions of the MiCA Regulation, and interested readers can click on 'Interpreting the EU MiCA Regulation, How to Comply with Virtual Currency Custody Services? | Mankun Web3 Legal Education' for details. For many Web3 practitioners, especially those interested in the European market, how should they respond after the MiCA Regulation takes effect? Today, Lawyer Mankun will take you to explore.