Crypto-Asset Regulation · glossary
The extra time MiCA gave firms already serving clients under national rules to get authorised. MiCA allowed up to 18 months, and each member state could shorten it. Ireland's ended on 30 December 2025, and a firm not authorised by then had to stop serving clients. Definition: Transitional period · Chapter 2 · Chapter 3
Explained in Chapter 2, The Map of MiCA, of Crypto-Asset Regulation.
MiCA's rules for CASPs applied from the end of 2024. Firms already serving clients under national rules, as Halcyon was, could carry on while they applied. This grace is the transitional period. MiCA allowed up to eighteen months, and each member state could shorten it (Article 143).Read Chapter 3, The Application →
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the time MiCA gave firms already operating under national law to obtain authorisation, up to eighteen months to 1 July 2026 (Article 143); Ireland's ended 30 December 2025 (check the current position, 2026);Read the definition in the document →
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