Belgium (finally) prepares the MiCAR implementation

Since 30 December 2024, the EU’s Regulation 2023/1114 on markets in crypto-assets (“MiCAR”) has been fully applicable. In Belgium, however, the implementation process is not yet complete. A draft law is currently pending before Parliament which should formally designate the national competent authorities responsible for licensing, supervision, and enforcement of the MiCAR (the “Draft law”). […]