EU-wide regulation in place for crypto-assets
In 2023 the EU adopted the so-called MiCa regulation (the Markets in Crypto-Assets Regulation). It provided the first EU-wide legal framework for crypto-assets. The regulation was fully implemented in December 2024 and has broadened the basis for crypto-based investment products in Europe by offering clearer rules and increasing investor protection.
The intention of the regulation is to help streamline the use of blockchain and distributed ledger technology as part of virtual asset regulation in the EU while protecting users and investors. It is expected that this technology will foster new types of business activity and business models that, together with the crypto-asset sector itself, can lead to economic growth.
Against this background, Nordea remains open-minded to offering products and services to meet our customers’ needs as the environment matures.