Acheron Earns CASP License Under EU MiCA Framework

Acheron has become the first cryptocurrency market maker to receive a CASP license in Europe, under the newly implemented MiCA regulations. The Markets in Crypto-Assets Regulation (MiCA) came into effect in June 2023 and provides a comprehensive framework for the crypto-asset market within the EU’s 27 member states. This regulation creates uniform rules for cryptocurrency trading and investment across all European countries, expanding upon existing financial services frameworks.