🇪🇺 Live AML & Counter-Terrorism Financing

EU Markets in Crypto-Assets Regulation (MiCA — Regulation 2023/1114)

Establishes EU-wide licensing and conduct rules for crypto-asset issuers and service providers.

View official source document

Rules extracted

362

Obligations decomposed

20.1x

Avg obligations per rule

🇪🇺 European Union

Jurisdiction

About this regulation

MiCA establishes a comprehensive EU framework for crypto-assets, covering issuance and trading of crypto-assets other than asset-referenced tokens and e-money tokens, asset-referenced tokens (ARTs), e-money tokens (EMTs), authorisation and operating conditions for crypto-asset service providers (CASPs), and rules on market abuse prevention. It applies across all EU Member States from 30 June 2024 (Titles III and IV) and 30 December 2024 (remaining provisions). The regulation aims to protect consumers and investors, ensure market integrity, support financial stability, and foster innovation in crypto-asset markets.

What AuditDSS covers

Source

Regulation

Extracted

Rules

Decomposed

362

Obligations

20.1x

Decomposition ratio

Each rule is decomposed into an average of 20.1 atomic obligations — the smallest testable units that can be independently violated.

Fully extracted & scored

All 362 obligations have been decomposed, titled, risk-scored, and embedded for semantic matching.

Risk scoring

Every obligation in MiCA is scored across independent risk dimensions:

Obligation Weight

How critical within the regulatory framework

Violation Likelihood

How often breached in practice

Enforcement Evidence

Regulator enforcement history and penalties

Cascade Dependency

How many obligations depend on this one

Regulatory details

Full title: EU Markets in Crypto-Assets Regulation (MiCA — Regulation 2023/1114)
Regulatory body: European Parliament and Council
Jurisdiction: 🇪🇺 European Union
Document type: regulation
Effective date: June 30, 2024
Issuing authority: European Parliament and Council of the European Union
Industry: AML & Counter-Terrorism Financing
Official source: View source document ↗

Who this applies to

crypto-asset issuerscrypto-asset service providers (CASPs)trading platformscustodiansstablecoin issuers

Key requirements

crypto-asset white paper
CASP authorisation
reserve of assets for ARTs/EMTs
market abuse prevention
investor protection
supervisory cooperation (ESMA/EBA)

Frequently asked questions about MiCA

What is MiCA?

Who does MiCA apply to?

MiCA applies to crypto-asset issuers, crypto-asset service providers (CASPs), trading platforms, custodians, stablecoin issuers.

How many obligations does MiCA contain?

AuditDSS has decomposed MiCA into 362 atomic obligations from 18 rules. Each obligation is independently testable and risk-scored.

What are the key requirements of MiCA?

The key requirements include: crypto-asset white paper, CASP authorisation, reserve of assets for ARTs/EMTs, market abuse prevention, investor protection, supervisory cooperation (ESMA/EBA).

How can I assess my MiCA compliance?

Upload your compliance policy to AuditDSS. The platform maps your document against all 362 MiCA obligations using deterministic AI scoring — not checklists or LLM summaries. You get a risk-scored gap analysis showing exactly which obligations are covered, partially covered, or missing.

Which jurisdiction enforces MiCA?

MiCA is enforced in European Union by European Parliament and Council.

When did MiCA come into effect?

MiCA became effective on June 30, 2024.

What industry does MiCA apply to?

MiCA is primarily relevant to the AML & Counter-Terrorism Financing industry. AuditDSS covers 64 regulations in this industry sector.

Build a MiCA compliance pack

Don't have a compliance policy yet? AuditDSS generates a complete compliance pack for MiCA — alone or combined with other regulations your business needs. Every clause is mapped to specific obligations.

Policy

High-level commitments and governance framework covering MiCA requirements.

Procedures

Step-by-step operational procedures to implement each policy commitment.

Forms & checklists

Ready-to-use forms, registers, and checklists for day-to-day compliance operations.

Multi-regulation

Combine MiCA with other regulations into a single unified compliance pack for your business.

Build MiCA compliance pack

Already have a policy? Assess it against MiCA

Upload your document

Upload your compliance policy, program manual, or operational document. AuditDSS accepts any text-based document.

AI maps against 362 obligations

Your document is scored against every obligation in MiCA. Each claim is mapped to the obligation tree and evaluated for coverage.

Risk-scored gap report

Receive every gap ranked by risk priority with remediation guidance, enforcement evidence, and cascade impact analysis.