This blog explores the similarities and differences between the EU’s Markets in Crypto-Assets (MiCA) regulation and the U.S.’s GENIUS Act, the world’s first federal law for payment stablecoins.

MiCA (EU Regulation 2023/1114), adopted May 2023, creates a unified EU framework for crypto-assets, stablecoins, and service providers. It ensures clarity, investor protection, innovation, integrity, stability, and safeguards against abuse and illicit finance.