Markets in Crypto-Assets Regulation (MiCA)

About: Interim MiCA Register

Articles 109 and 110 of the MiCA Regulation empower ESMA to publish a central register of crypto-asset white papers, authorised crypto-asset service providers, and non-compliant entities by 30 December 2024. The information displayed in the register is to be provided to ESMA by the relevant National Competent Authorities (NCAs) and the European Banking Authority (EBA). 

To meet the legal deadline, ESMA has prepared an interim MiCA register which will be updated and (re)published at regular intervals. The interim MiCA register will be available on this MiCA webpage (and on the Databases and Registers webpage) as a collection of csv files until mid-2026 when it will be formally integrated into ESMA’s IT systems. 

The interim MiCA register consists of five csv files:

1. White papers for crypto-assets other than asset-referenced tokens and e-money tokens (Title II);
2. Issuers of asset-referenced tokens (Title III);
3. Issuers of e-money tokens (Title IV);
4. Authorised crypto-asset service providers (Title V);
5. Non-compliant entities providing crypto-asset services.

Update frequency 

Please note that ESMA will publish the latest version of the register on weekly intervals. As such, information that may be reported to ESMA by competent authorities or listed in a national register will not be immediately displayed.

Information on the records displayed in the interim MiCA register 

Records displayed in each of the five interim MiCA register files reflect information received by the authorising (or notified) competent authority. In case an authorisation is withdrawn by the competent authority, this record will remain in the publication with the information on the date in which this withdrawal was effective. Further detail on how to interpret the information and formats for each field are available in the following file:

▸ Description of the fields in the interim MiCA register

Member States will have the option of implementing ‘transitional measures’ (Article 143 of MiCA) that would allow entities or undertakings already providing crypto-asset services under applicable law in their jurisdictions to continue doing so during the transitional phase of MiCA (i.e., the period of 18-months after full application in December 2024). These transitional measures include:

• A ‘grand-fathering’ clause Art. 143 (3) – allowing entities providing crypto-asset services in accordance with national applicable laws before 30 December 2024 to continue to do so until 1 July 2026 or until they are granted or refused a MiCA authorisation.
• A simplified authorisation procedure Art. 143 (6) – for entities that were already authorised under national applicable law on 30 December 2024 to provide crypto-asset services.

During the transitional phase, a mix of regimes (e.g., MiCA or existing bespoke regimes) will coexist across Member States, which may result in disparate levels of protection for consumers of crypto-asset services. To overcome these challenges, ESMA is promoting supervisory convergence between Member States in three ways:

1. Providing a forum where supervisors from the NCAs can exchange views on practical cases in their jurisdictions, as well as identifying best practices to promote convergence.
2. Mapping the current landscape for entities providing crypto-asset services among Member States and surveying how each jurisdiction intends to approach the optional transitional measures.
3. Engaging in ongoing consultations with the Commission to provide the basis for a common understanding (as early as possible) on MiCA provisions that might require further clarity.