Marina Markezic, co-founder of the European Crypto Initiative, said that regulatory conferences are having a tangible impact as the European Union (EU) finalizes the implementation of the Markets in Crypto-Assets (MiCA) regulation and redefines tokenization rules. This statement was made on X.
"Crypto conferences are important for European Crypto Initiative because we share updates with the community, but the regulatory conferences are where the real impact happens," said Markezic. "The EU is at a pivotal time: finalising the implementation of MICA and redefining the tokenisation framework."
The EU's MiCA regulation is set to come into force in 2024, with stablecoin rules effective from June 30 and broader crypto-asset service provider obligations from December 30. The European Securities and Markets Authority (ESMA) released its final policy package in December 2024, while the European Banking Authority (EBA) issued guidelines for token issuers during the same week. In June 2025, ESMA reviewed the EU’s Distributed Ledger Technology (DLT) Pilot Regime and suggested reforms to make tokenized securities frameworks permanent, indicating the EU’s intent to expand tokenization infrastructure.