What Regulation (EU) on Markets in Crypto-Assets (MiCA) - Third-Country Crypto-Asset Service Providers (CASP) Equivalence Framework: Reverse Solicitation, ESMA Equivalence Register, and Prohibition on Passporting Rights for Non-EU CASPs requires
This regulation establishes the conditions under which third-country Crypto-Asset Service Providers (CASP) may provide services in the EU solely on the initiative of professional clients or eligible counterparties (reverse solicitation), without passporting rights. It requires ESMA to maintain an equivalence register under Article 77 of MiCA and prohibits circumvention through indirect access to EU markets.
Pillar: Crypto & Sovereign Finance · Authority: European Securities and Markets Authority (ESMA) · Version: 1.0.0 · Last updated:
Primary source: https://www.esma.europa.eu/sites/default/files/2024-07/ESMA75-453128700-1229_Final_Report_MiCA_CP2.pdf
SHA-256 integrity: a1a1add2ff48cf447262dd4b51f381c9ce5ebd527e597d912192a527c84d0b28
Primary Citations — 5 traced to source
- Regulation (EU) on Markets in Crypto-Assets (MiCA), https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023R1114, Article 77, 2023
- ESMA Final Report on RTS under Article 77 MiCA, https://www.esma.europa.eu/sites/default/files/2024-07/ESMA75-453128700-1229_Final_Report_MiCA_CP2.pdf, Section 4.2 Reverse Solicitation, 2024
+ 3 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
Access
- Discovery (free): /api/v1/nodes/eu-mica-casp-third-country-equivalence-2025.json — 6-field metadata
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- Canonical URL: https://bidda.com/intelligence/eu-mica-casp-third-country-equivalence-2025
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