MiCAR licence applications finally available in Belgium
1. Introduction Since 30 December 2024, the EU’s Regulation 2023/1114 on markets in crypto-assets (“MiCAR”) has been fully applicable. On 4 December 2025, the Belgian Parliament adopted, in plenary session, a law implementing MiCAR (the “Implementing Law”), which designates the national competent authorities responsible for the licensing, supervision, and enforcement of crypto-asset entities. The law, […]