Regulation (EU) 2023/1114 on markets in crypto‑assets, and amending Regulations (EU) No. 1093/2010 and (EU) No. 1095/2010 and Directives 2013/36/EU and (EU) 2019/1937 (MiCA) marks crypto‑assets’ emergence from the legislative shadows and the inauguration of a harmonised European crypto market governed by clear rules on user protection, financial stability and the encouragement of innovation. The article analyses the key requirements and the re...