How the EUs Crypto Regulation Impacts Cyprus and Our Services

As of December 30, 2024, the Markets in Crypto-Assets Regulation (MiCA) has fully come into force in the European Union (EU), marking a key moment for the cryptocurrency industry. This landmark framework aims to create a unified regulatory environment for crypto assets, addressing transparency, consumer protection, and anti-money laundering (AML) measures. Its implications for countries like Cyprus, a burgeoning hub for fintech and crypto innovation, are profound.At our law firm,