Source: OJ L 150, 9.6.2023, pp. 40–205Current language: EN
- Markets in crypto-assets
Basic legislative acts
- MiCA regulation
Article 149 Entry into force and application
Summary What does Article 149 of the MiCA regulation say?
This is the entry into force and application article, which establishes the timeline for when the regulation becomes legally binding and operative.
Rather than a single application date, the article creates a layered schedule: a general application date for most of the regulation, an earlier date for specific titles dealing with asset-referenced tokens and e-money tokens, and an even earlier date for a substantial list of specific articles — primarily those empowering the Commission and the ESAs to develop technical standards and delegated acts.
This staggered approach ensures the regulatory and technical infrastructure can be built out before the main obligations take effect.
Important points:
- The regulation applies in full from 30 December 2024, which is the default date for most entities subject to it.
- Titles III and IV (covering asset-referenced tokens and e-money tokens) apply earlier, from 30 June 2024.
- A large set of specific articles — mostly those enabling delegated acts and regulatory technical standards — applied from 29 June 2023, the date of publication.
Springlex's summary of the article, a reading aid, not a substitute for the legal text.
This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
This Regulation shall apply from 30 December 2024.
By way of derogation from paragraph 2, Titles III and IV shall apply from 30 June 2024.
By way of derogation from paragraphs 2 and 3 of this Article, Articles 2(5), 3(2), 6(11) and (12), Article 14(1), second subparagraph, Articles 17(8), 18(6) and (7), 19(10) and (11), 21(3), 22(6) and (7), 31(5), 32(5), 34(13), 35(6), 36(4), 38(5), 42(4), 43(11), 45(7) and (8), 46(6), 47(5), 51(10) and (15), 60(13) and (14), 61(3), 62(5) and (6), 63(11), 66(6), 68(10), 71(5), 72(5), 76(16), 81(15), 82(2), 84(4), 88(4), 92(2) and (3), 95(10) and (11), 96(3), 97(1), 103(8), 104(8), 105(7), 107(3) and (4), 109(8) and 119(8), 134(10), 137(3) and Article 139 shall apply from 29 June 2023.
Relevant recitals
Recital 119 Deferred application to finalise technical rules
The date of application of this Regulation should be deferred in order to allow for the adoption of regulatory technical standards, implementing technical standards and delegated acts that are necessary to further specify certain elements of this Regulation,
Springlex and this text is meant purely as a documentation tool and has no legal effect. No liability is assumed for its content. The authentic version of this act is the one published in the Official Journal of the European Union.