> For the complete documentation index, see [llms.txt](https://www.mica.wtf/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.mica.wtf/mica/recitals.md).

# Recitals

|                 |                                                                                 |
| --------------- | ------------------------------------------------------------------------------- |
| **Instrument**  | Regulation (EU) 2023/1114 (MiCA)                                                |
| **Source**      | [EUR-Lex](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023R1114) |
| **Status**      | In force                                                                        |
| **Review rule** | Legal-text changes require human review                                         |

REGULATION (EU) 2023/1114 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

of 31 May 2023

on markets in [crypto-assets](https://headlesslaw.com/definitions/mica/crypto-asset/), and amending Regulations (EU) No 1093/2010 and (EU) No 1095/2010 and Directives 2013/36/EU and (EU) 2019/1937

(Text with EEA relevance)

THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular [Article 114](/mica/title-vii-competent-authorities-eba-and-esma-art.-93-138/chapter-3/article-114.md) thereof,

Having regard to the proposal from the European Commission,

After transmission of the draft legislative act to the national parliaments,

Having regard to the opinion of the European Central Bank [(1)](https://eur-lex.europa.eu/legal-content/EN/AUTO/?uri=OJ:C:2021:152:TOC),

Having regard to the opinion of the European Economic and Social Committee [(2)](https://eur-lex.europa.eu/legal-content/EN/AUTO/?uri=OJ:C:2021:155:TOC),

Acting in accordance with the ordinary legislative procedure (3),

Whereas:

* [Recital 1](/mica/recitals/1.md)
* [Recital 2](/mica/recitals/2.md)
* [Recital 3](/mica/recitals/3.md)
* [Recital 4](/mica/recitals/4.md)
* [Recital 5](/mica/recitals/5.md)
* [Recital 6](/mica/recitals/6.md)
* [Recital 7](/mica/recitals/7.md)
* [Recital 8](/mica/recitals/8.md)
* [Recital 9](/mica/recitals/9.md)
* [Recital 10](/mica/recitals/10.md)
* [Recital 11](/mica/recitals/11.md)
* [Recital 12](/mica/recitals/12.md)
* [Recital 13](/mica/recitals/13.md)
* [Recital 14](/mica/recitals/14.md)
* [Recital 15](/mica/recitals/15.md)
* [Recital 16](/mica/recitals/16.md)
* [Recital 17](/mica/recitals/17.md)
* [Recital 18](/mica/recitals/18.md)
* [Recital 19](/mica/recitals/19.md)
* [Recital 20](/mica/recitals/20.md)
* [Recital 21](/mica/recitals/21.md)
* [Recital 22](/mica/recitals/22.md)
* [Recital 23](/mica/recitals/23.md)
* [Recital 24](/mica/recitals/24.md)
* [Recital 25](/mica/recitals/25.md)
* [Recital 26](/mica/recitals/26.md)
* [Recital 27](/mica/recitals/27.md)
* [Recital 28](/mica/recitals/28.md)
* [Recital 29](/mica/recitals/29.md)
* [Recital 30](/mica/recitals/30.md)
* [Recital 31](/mica/recitals/31.md)
* [Recital 32](/mica/recitals/32.md)
* [Recital 33](/mica/recitals/33.md)
* [Recital 34](/mica/recitals/34.md)
* [Recital 35](/mica/recitals/35.md)
* [Recital 36](/mica/recitals/36.md)
* [Recital 37](/mica/recitals/37.md)
* [Recital 38](/mica/recitals/38.md)
* [Recital 39](/mica/recitals/39.md)
* [Recital 40](/mica/recitals/40.md)
* [Recital 41](/mica/recitals/41.md)
* [Recital 42](/mica/recitals/42.md)
* [Recital 43](/mica/recitals/43.md)
* [Recital 44](/mica/recitals/44.md)
* [Recital 45](/mica/recitals/45.md)
* [Recital 46](/mica/recitals/46.md)
* [Recital 47](/mica/recitals/47.md)
* [Recital 48](/mica/recitals/48.md)
* [Recital 49](/mica/recitals/49.md)
* [Recital 50](/mica/recitals/50.md)
* [Recital 51](/mica/recitals/51.md)
* [Recital 52](/mica/recitals/52.md)
* [Recital 53](/mica/recitals/53.md)
* [Recital 54](/mica/recitals/54.md)
* [Recital 55](/mica/recitals/55.md)
* [Recital 56](/mica/recitals/56.md)
* [Recital 57](/mica/recitals/57.md)
* [Recital 58](/mica/recitals/58.md)
* [Recital 59](/mica/recitals/59.md)
* [Recital 60](/mica/recitals/60.md)
* [Recital 61](/mica/recitals/61.md)
* [Recital 62](/mica/recitals/62.md)
* [Recital 63](/mica/recitals/63.md)
* [Recital 64](/mica/recitals/64.md)
* [Recital 65](/mica/recitals/65.md)
* [Recital 66](/mica/recitals/66.md)
* [Recital 67](/mica/recitals/67.md)
* [Recital 68](/mica/recitals/68.md)
* [Recital 69](/mica/recitals/69.md)
* [Recital 70](/mica/recitals/70.md)
* [Recital 71](/mica/recitals/71.md)
* [Recital 72](/mica/recitals/72.md)
* [Recital 73](/mica/recitals/73.md)
* [Recital 74](/mica/recitals/74.md)
* [Recital 75](/mica/recitals/75.md)
* [Recital 76](/mica/recitals/76.md)
* [Recital 77](/mica/recitals/77.md)
* [Recital 78](/mica/recitals/78.md)
* [Recital 79](/mica/recitals/79.md)
* [Recital 80](/mica/recitals/80.md)
* [Recital 81](/mica/recitals/81.md)
* [Recital 82](/mica/recitals/82.md)
* [Recital 83](/mica/recitals/83.md)
* [Recital 84](/mica/recitals/84.md)
* [Recital 85](/mica/recitals/85.md)
* [Recital 86](/mica/recitals/86.md)
* [Recital 87](/mica/recitals/87.md)
* [Recital 88](/mica/recitals/88.md)
* [Recital 89](/mica/recitals/89.md)
* [Recital 90](/mica/recitals/90.md)
* [Recital 91](/mica/recitals/91.md)
* [Recital 92](/mica/recitals/92.md)
* [Recital 93](/mica/recitals/93.md)
* [Recital 94](/mica/recitals/94.md)
* [Recital 95](/mica/recitals/95.md)
* [Recital 96](/mica/recitals/96.md)
* [Recital 97](/mica/recitals/97.md)
* [Recital 98](/mica/recitals/98.md)
* [Recital 99](/mica/recitals/99.md)
* [Recital 100](/mica/recitals/100.md)
* [Recital 101](/mica/recitals/101.md)
* [Recital 102](/mica/recitals/102.md)
* [Recital 103](/mica/recitals/103.md)
* [Recital 104](/mica/recitals/104.md)
* [Recital 105](/mica/recitals/105.md)
* [Recital 106](/mica/recitals/106.md)
* [Recital 107](/mica/recitals/107.md)
* [Recital 108](/mica/recitals/108.md)
* [Recital 109](/mica/recitals/109.md)
* [Recital 110](/mica/recitals/110.md)
* [Recital 111](/mica/recitals/111.md)
* [Recital 112](/mica/recitals/112.md)
* [Recital 113](/mica/recitals/113.md)
* [Recital 114](/mica/recitals/114.md)
* [Recital 115](/mica/recitals/115.md)
* [Recital 116](/mica/recitals/116.md)
* [Recital 117](/mica/recitals/117.md)
* [Recital 118](/mica/recitals/118.md)
* [Recital 119](/mica/recitals/119.md)


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