The Markets in Crypto-Assets Regulation (MICA) and the EU DigitalFinanceStrategy

ArXiv ID: ssrn-3725395 “View on arXiv”

Authors: Unknown

Abstract

The European Commission published its new Digital Finance Strategy on 24 September 2020. One of the centrepieces of the Strategy is the draft Regulation on Mark

Keywords: Digital Finance Strategy, EU Regulation, Crypto-Assets, Operational Resilience, European Commission, Cryptocurrency / Digital Assets

Complexity vs Empirical Score

• Math Complexity: 0.5/10
• Empirical Rigor: 0.0/10
• Quadrant: Philosophers
• Why: This paper is a legal and policy analysis of EU regulation (MiCA), discussing regulatory frameworks, definitions, and supervisory cooperation without any mathematical modeling or empirical data. It focuses on regulatory challenges and proposed solutions in a theoretical, non-quantitative manner.

  flowchart TD
    A["Research Question"] --> B["Key Methodology"]
    B --> C["Data & Inputs"]
    C --> D["Computational Process"]
    D --> E["Key Findings/Outcomes"]

    A["Research Question<br/>How does MiCA align with<br/>EU Digital Finance Strategy?"]

    B["Methodology Steps<br/>- Policy analysis<br/>- Regulatory comparison<br/>- Impact assessment"]

    C["Data & Inputs<br/>- European Commission papers<br/>- MiCA draft texts<br/>- Academic literature"]

    D["Computational Process<br/>- Qualitative coding<br/>- Thematic analysis<br/>- Gap identification"]

    E["Key Findings<br/>1. MiCA is core to Digital Strategy<br/>2. Focus on operational resilience<br/>3. Defines crypto-asset categories<br/>4. Balances innovation vs protection"]