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MiCA Tracker 2026

William O'Rorke
Updated on 19 November 2026
William O’Rorke
Partner

The rules that apply to crypto-asset service providers: the MiCA Regulation and its implementing measures (RTS, ITS, ESMA and EBA guidelines and Q&As), the travel rule, anti-money laundering (AMLR, AMLA), digital operational resilience (DORA), tax information exchange (DAC8) and French law (ordinances, decrees, AMF and ACPR doctrine). Each text is tracked from consultation to application, with a link to the official source.

Version française

Updated 22 Oct 2026 · 141 texts tracked

Latest publications

New 22 Oct 2026 · ESMA Records to be kept of crypto-asset services, orders and transactions Reporting instructions ESMA65-955014868-17690 New 6 Oct 2026 · ESMA Use by CASPs of payment accounts provided by non-bank payment service providers for holding clients’ funds Q&A ESMA_QA_2949 New 1 Oct 2026 · AMLA Group-wide minimum requirements and measures for third-country subsidiaries and branches Final report (draft RTS)
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Art. 70(2) et (3) MiCAMiCA · Q&A Use by CASPs of payment accounts provided by non-bank payment service providers for holding clients’ funds Q&A ESMA_QA_2949 (new tab) CASPs Client protectionCustodyPayments Published 6 Oct 2026
Art. 3(1)(17), 3(1)(26) et 4(5) MiCAMiCA · Q&A Authorised CASP for providing custody and administration or transfer services for crypto-assets in relation to other crypto-assets being issued after the offer to the public Q&A ESMA_QA_2417 (new tab) IssuersCASPs AuthorisationCustody Published 18 Jun 2026
Art. 3(1)(24) MiCAMiCA · Q&A Perimeter of advice under MiCA compared to MiFID II Q&A ESMA_QA_2882 (new tab) CASPs AuthorisationClient protection Published 18 Jun 2026
Art. 66(1) et (2) et 70(1) MiCAMiCA · Q&A Crypto-Asset lending services under MiCA Q&A ESMA_QA_2883 (new tab) CASPs Client protectionCustody Published 18 Jun 2026
Art. 12 MiCA ; règl. d’exécution (UE) 2024/2984MiCA · Q&A Machine-readable (XBRL) format requirement for modified white papers Q&A ESMA_QA_2845 (new tab) IssuersCASPs White paper Published 12 May 2026
Art. 78(5) MiCAMiCA · Q&A Scope of the term “trading platform for crypto-assets” in Article 78(5) of MiCA (executing client orders outside of a trading platform) Q&A ESMA_QA_2711 (new tab) CASPs TradingClient protection Published 8 Dec 2025
Art. 3(1)(16) MiCAMiCA · Q&A How to distinguish between different execution services Q&A ESMA_QA_2653 (new tab) CASPs AuthorisationTrading Published 14 Oct 2025
Art. 66(3) et 143(2) MiCAMiCA · Q&A Offerors and CASPs’ responsibilities with regards to white papers for Title II tokens admitted to trading prior to 30 December 2024 Q&A ESMA_QA_2654 (new tab) CASPsIssuers White paperTransition Published 14 Oct 2025
Art. 18(6) MiCAMiCA · RTS Information in the application for authorisation to offer ARTs to the public Delegated Regulation (EU) 2025/1125 (new tab) Issuers ARTs and EMTsAuthorisation Applicable 5 Oct 2025
History (5 steps)
  1. 7 May 2024 Final report EBA/RTS/2024/03 (draft RTS) EBA
  2. 25 Feb 2025 EBA · Opinion on the Commission’s proposed amendments EBA
  3. 5 Jun 2025 Adoption by the Commission European Commission
  4. 15 Sep 2025 Delegated Regulation (EU) 2025/1125 European Commission
  5. 5 Oct 2025 Entry into force
Art. 92(2) MiCAMiCA · RTS Prevention, detection and reporting of market abuse Delegated Regulation (EU) 2025/885 (new tab) CASPs Market abuse Applicable 9 Sep 2025
History (5 steps)
  1. 25 Mar 2024 ESMA · Consultation opened ESMA
  2. 17 Dec 2024 Final report ESMA75-453128700-1278 (draft RTS) ESMA
  3. 29 Apr 2025 Adoption by the Commission European Commission
  4. 20 Aug 2025 Delegated Regulation (EU) 2025/885 European Commission
  5. 9 Sep 2025 Entry into force
Art. 18, 21, 25 et 109 MiCAMiCA · Q&A Passporting procedure for non-CI ART issuers Q&A 2024_7167 (new tab) IssuersAuthorities ARTs and EMTsAuthorisation Published 5 Sep 2025
Art. 70 MiCAMiCA · Q&A Pre-funding clients’ orders with clients’ crypto-assets Q&A ESMA_QA_2608 (new tab) CASPs Custody Published 9 Jul 2025
Art. 21(3), 63(11) MiCAMiCA · Guidelines Suitability of management body members and qualifying holders AMF position DOC-2025-06 (new tab) IssuersCASPs GovernanceAuthorisation Applicable 2 Jul 2025
History (3 steps)
  1. 4 Dec 2024 Joint EBA and ESMA Guidelines ESMA75-453128700-10 / EBA/GL/2024/09 (all languages) ESAs (ESMA, EBA, EIOPA)
  2. 4 Feb 2025 Application
  3. 2 Jul 2025 AMF position DOC-2025-06 AMF
Position AMF DOC-2025-06France · AMF position Joint EBA-ESMA Guidelines on the suitability of management body members AMF position DOC-2025-06 (new tab) CASPs GovernanceAuthorisation Published 2 Jul 2025
Règl. (UE) 2024/1620AML/CFT · Regulation Establishment of the EU Anti-Money Laundering Authority (AMLA) Regulation (EU) 2024/1620 (new tab) CASPsAuthorities AML/CFT Applicable 1 Jul 2025
History (3 steps)
  1. 19 Jun 2024 Regulation (EU) 2024/1620 European Parliament and Council
  2. 26 Jun 2024 Entry into force
  3. 1 Jul 2025 AMLA starts operating
Art. 3(1)(17) MiCAMiCA · Q&A Custody: commingling clients’ crypto-assets with those of group entities Q&A ESMA_QA_2578 (new tab) CASPs Custody Published 17 Jun 2025
Art. 75(4) MiCAMiCA · Q&A Custody agreements and exercise of rights attached to crypto-assets Q&A ESMA_QA_2290 (new tab) CASPs Custody Published 17 Jun 2025
Position AMF DOC-2025-03France · AMF position ESMA Guidelines (reverse solicitation, transfers, security protocols, suitability) and ESAs Guidelines (white papers, classification test) AMF position DOC-2025-03 (applicable) (new tab) CASPs Client protectionThird countriesClassification Published 10 May 2025
Art. 15 et 16(3) DORADORA · RTS ICT risk management tools, methods, processes and policies, and the simplified framework Delegated Regulation (EU) 2024/1774 (new tab) CASPs Operational resilience Applicable 17 Jan 2025
History (4 steps)
  1. 13 Mar 2024 Adoption by the Commission European Commission
  2. 25 Jun 2024 Delegated Regulation (EU) 2024/1774 European Commission
  3. 15 Jul 2024 Entry into force
  4. 17 Jan 2025 DORA application
Art. 18(3) DORADORA · RTS Classification of ICT-related incidents and cyber threats, materiality thresholds Delegated Regulation (EU) 2024/1772 (new tab) CASPs Operational resilienceICT incidents Applicable 17 Jan 2025
History (4 steps)
  1. 13 Mar 2024 Adoption by the Commission European Commission
  2. 25 Jun 2024 Delegated Regulation (EU) 2024/1772 European Commission
  3. 15 Jul 2024 Entry into force
  4. 17 Jan 2025 DORA application
Ord. n° 2024-936France · Ordinance Adaptation of French law to MiCA: AMF and ACPR powers, digital assets regime Publication in the Journal officiel NOR ECOT2415927R (new tab) CASPsIssuers AuthorisationLevel 1 Applicable 8 Jan 2025
History (6 steps)
  1. 22 Apr 2024 Law No. 2024-364 (DDADUE), Art. 6 Loi n° 2024-364 French Parliament
  2. 15 Oct 2024 Ordinance French Government
  3. 17 Oct 2024 Publication in the Journal officiel NOR ECOT2415927R French Government
  4. 18 Oct 2024 Application of ART and EMT provisions
  5. 30 Dec 2024 General application
  6. 8 Jan 2025 Ratification bill (Senate, No. 231) French Parliament
Ord. n° 2024-937France · Ordinance AML/CFT for crypto-asset transfers: transposition of the TFR amendments to Directive (EU) 2015/849 Publication in the Journal officiel NOR ECOT2415928R (new tab) CASPs Travel ruleAML/CFT Applicable 8 Jan 2025
History (5 steps)
  1. 22 Apr 2024 Law No. 2024-364 (DDADUE), Art. 6 Loi n° 2024-364 French Parliament
  2. 15 Oct 2024 Ordinance French Government
  3. 17 Oct 2024 Publication in the Journal officiel NOR ECOT2415928R French Government
  4. 30 Dec 2024 Application
  5. 8 Jan 2025 Ratification bill (Senate, No. 231) French Parliament
Règl. (UE) 2023/1113Travel rule · Regulation TFR Regulation: information accompanying transfers of funds and certain crypto-assets Regulation (EU) 2023/1113 (new tab) CASPs Level 1Travel ruleAML/CFT Applicable 30 Dec 2024
History (2 steps)
  1. 9 Jun 2023 Regulation (EU) 2023/1113 European Parliament and Council
  2. 30 Dec 2024 Application
Règl. (UE) 2023/1114MiCA · Regulation MiCA Regulation on markets in crypto-assets Regulation (EU) 2023/1114 (new tab) CASPsIssuersAuthorities Level 1 Applicable 30 Dec 2024
History (3 steps)
  1. 9 Jun 2023 Regulation (EU) 2023/1114 European Parliament and Council
  2. 30 Jun 2024 Application of Titles III and IV (ARTs and EMTs)
  3. 30 Dec 2024 General application
Art. 2 MiCAMiCA · Q&A Natural persons and trusts/trustees authorised as CASPs Q&A ESMA_QA_2342 (new tab) CASPs Authorisation Published 12 Dec 2024
Art. 3(1)(15), 59 et 143 MiCAMiCA · Q&A Applicability of DORA and TFR Requirements to VASPs Not Classified as CASPs Under MiCAR Q&A ESMA_QA_2364 (new tab) CASPs TransitionOperational resilienceTravel rule Published 8 Dec 2024
Art. 60 MiCAMiCA · Q&A CASPs providing services based on an Article 60 notification Q&A ESMA_QA_2125 (new tab) CASPs Authorisation Published 12 Sep 2024
Communication ACPRFrance · Communication Issuance of e-money tokens and asset-referenced tokens: reminder of the MiCA framework Communication (new tab) IssuersCASPs ARTs and EMTs Published 17 Jul 2024
Dir. (UE) 2024/1640AML/CFT · Directive Sixth Anti-Money Laundering Directive: national AML/CFT mechanisms Directive (EU) 2024/1640 (new tab) CASPsAuthorities AML/CFT Applicable 9 Jul 2024
History (3 steps)
  1. 19 Jun 2024 Directive (EU) 2024/1640 European Parliament and Council
  2. 9 Jul 2024 Entry into force
  3. 10 Jul 2027 (upcoming) Transposition deadline
Règl. (UE) 2024/1624AML/CFT · Regulation AMLR: single rulebook on anti-money laundering and countering the financing of terrorism Regulation (EU) 2024/1624 (new tab) CASPs Level 1AML/CFT Applicable 9 Jul 2024
History (3 steps)
  1. 19 Jun 2024 Regulation (EU) 2024/1624 European Parliament and Council
  2. 9 Jul 2024 Entry into force
  3. 10 Jul 2027 (upcoming) Application
Art. 143(4) et 143(5) MiCAMiCA · Statement Application of MiCA to ARTs and EMTs EBA · Statement (new tab) Issuers ARTs and EMTsTransition Published 5 Jul 2024
Art. 143(3) MiCAMiCA · Q&A Entities not authorised by the end of the transition period Q&A ESMA_QA_2220 (new tab) CASPs Transition Published 4 Jul 2024
Art. 143(3) MiCAMiCA · Q&A Entities that have not applied or whose application was refused Q&A ESMA_QA_2221 (new tab) CASPs Transition Published 4 Jul 2024
Art. 3(1)(26) et 82(2) MiCAMiCA · Q&A Crypto-asset transfers as part of another service or as a separate service Q&A ESMA_QA_2071 (new tab) CASPs Client protection Published 20 Jun 2024
Art. 60 et 143 MiCAMiCA · Q&A Article 60 notifications and the transitional phase Q&A ESMA_QA_2069 (new tab) CASPs AuthorisationTransition Published 20 Jun 2024
Art. 77(2) et (4) MiCAMiCA · Q&A Information published by CASPs providing exchange services Q&A ESMA_QA_2181 (new tab) CASPs Client protection Published 17 May 2024
Art. 143 MiCAMiCA · Q&A New CASPs established before (and after) 30 December 2024 Q&A ESMA_QA_2085 (new tab) CASPs Transition Published 29 Jan 2024
Art. 60 MiCAMiCA · Q&A Provision of crypto-asset services by credit institutions Q&A ESMA_QA_2088 (new tab) CASPs Authorisation Published 29 Jan 2024
Art. 80 MiCAMiCA · Q&A Prohibition of monetary and non-monetary benefits Q&A ESMA_QA_2087 (new tab) CASPs Client protection Published 29 Jan 2024
Article 110 aMiCA · Regulation Regulation (EU) 2023/2869 of the European Parliament and of the Council of 13 December 2023 amending certain Regulations as regards the establishment and functioning of the European single access point (Text with EEA relevance) Regulation (EU) 2023/2869 (new tab) CASPs Published 13 Dec 2023
Art. 2 et 143 MiCAMiCA · Q&A Crypto-asset services of a DLT market infrastructure Q&A ESMA_QA_2005 (new tab) CASPs Authorisation Published 7 Nov 2023
Titres III et IV MiCAMiCA · Statement Timely preparatory steps towards the application of MiCA to ARTs and EMTs EBA · Statement (new tab) Issuers ARTs and EMTsTransition Published 12 Jul 2023

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For information only; this is not legal advice. Only the versions published in the Official Journal of the European Union and by the competent authorities are authentic.

How to read the tracker

Regulation (EU) 2023/1114 on markets in crypto-assets (MiCA) cannot be read on its own: its articles call for several dozen implementing measures, adopted at three levels.

  • Level 1: the Regulation itself, adopted by the European Parliament and the Council.
  • Level 2: regulatory technical standards (RTS) and implementing technical standards (ITS), drafted by ESMA or the EBA and adopted by the European Commission as delegated or implementing regulations. They are directly applicable.
  • Level 3: guidelines, Q&As and statements issued by ESMA and the EBA. In France, the AMF incorporates ESMA guidelines into its doctrine through positions; the ACPR declares its compliance with EBA guidelines.

Each row of the tracker corresponds to a mandate, that is, the article of MiCA that provides for the measure. The progress bar follows its five stages: consultation, final report, adoption, publication and application. Expand a row to see each document, its date, its reference and a link to the official source.

Which rules apply to a crypto-asset service provider?

In addition to MiCA, a crypto-asset service provider (CASP) authorised in France must comply with:

  • the travel rule (Regulation (EU) 2023/1113), applicable since 30 December 2024: information on the originator and the beneficiary must accompany every transfer of crypto-assets;
  • anti-money laundering and counter-terrorist financing (AML/CFT) rules, currently set out in the French Monetary and Financial Code and, from 10 July 2027, in Regulation (EU) 2024/1624 (AMLR);
  • Regulation (EU) 2022/2554 on digital operational resilience (DORA), applicable since 17 January 2025;
  • Directive (EU) 2023/2226 (DAC8): reporting crypto-asset service providers collect information on their users and on transactions carried out since 1 January 2026, with a first report due to the French tax authorities by 15 June 2027;
  • French law: Ordinances No 2024-936 and No 2024-937 of 15 October 2024, their implementing decrees, the AMF General Regulation and AMF doctrine, and ACPR publications for issuers of e-money tokens and asset-referenced tokens.

The transitional period ended on 1 July 2026. A provider that does not hold a MiCA authorisation, granted by the AMF or by the competent authority of another Member State, may no longer provide crypto-asset services in France.

Frequently asked questions

A regulatory technical standard. ESMA or the EBA drafts it and submits it to public consultation; the European Commission then adopts it as a delegated regulation. Once published in the Official Journal of the European Union, it is directly applicable, without transposition, from the date it specifies.

They are not regulations. However, national competent authorities must state whether they comply with them, and providers must make every effort to comply. The AMF incorporates them into its doctrine through positions and applies them in its supervision: in practice, a CASP authorised in France must follow them.

An automated watch checks the official sources every day. The firm reviews each new text before it goes online. The date of the latest update appears at the top of the tracker.

Yes: the “Export (CSV)” button downloads all the texts displayed, with their references and links. Please credit the source: MiCA Tracker, ORWL Avocats.

CASP authorisation and compliance

ORWL Avocats advises crypto-asset service providers and token issuers on AMF authorisation, crypto-asset white papers and compliance with MiCA, DORA, AML/CFT and DAC8.

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