MiCA White Papers
Access published and reference MiCA-compliant white papers developed by the MiCA Crypto Alliance. These papers provide practical guidance on disclosure requirements, liability frameworks, and regulatory alignment under the EU’s Markets in Crypto-Assets Regulation, and may be available in iXBRL format for machine-readable publication where applicable.
Featured White Papers
USDC MiCA White Paper (iXBRL)
December 29, 2025
This MiCA-compliant white paper published by Circle outlines the legal, operational, and technical framework of the USDC e-money token. It details the token’s issuance and redemption mechanisms, reserve composition, governance arrangements, and underlying infrastructure, together with its classification as an e-money token under MiCA Title IV, including sustainability disclosures.
EURC MiCA White Paper (iXBRL)
December 29, 2025
This MiCA-compliant white paper published by Circle describes the legal and operational framework of the EURC e-money token. It covers issuance and redemption processes, reserve backing, governance structure, and technical implementation across supported blockchains, together with its classification as an e-money token under MiCA Title IV and related sustainability disclosures.
TIA MiCA White Paper (iXBRL)
June 15, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the Celestia token (TIA) and supports Bitstamp Europe S.A. seeking admission to trading of the crypto-asset on Bitstamp. It combines legal precision with technical insight to describe Celestia network, with TIA serving as a native crypto-asset to the network. It also explains the token’s classification as a “crypto-asset other than an asset-referenced token or e-money token” under MiCA Title II, including disclosures on the trading structure, risks, governance framework, and sustainability indicators.
ZRO MiCA White Paper (iXBRL)
June 15, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the ZRO token and supports Bitstamp Europe S.A. seeking admission to trading of the crypto-asset on Bitstamp. It combines legal precision with technical insight to describe LayerZero protocol, with ZRO serving as a native crypto-asset to the protocol. It also explains the token’s classification as a “crypto-asset other than an asset-referenced token or e-money token” under MiCA Title II, including disclosures on the trading structure, risks, governance framework, and sustainability indicators.
QNT MiCA White Paper (iXBRL)
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June 15, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the QNT token and supports Bitstamp Europe S.A. seeking admission to trading of the crypto-asset on Bitstamp. It combines legal precision with technical insight to describe Quant as a system enabling interoperability between DLTs and existing systems, with QNT serving as a utility token providing access to services within the infrastructure. It also explains the token’s classification as a “crypto-asset other than an asset-referenced token or e-money token” under MiCA Title II, including disclosures on the trading structure, risks, and sustainability indicators.
ZK MiCA White Paper (iXBRL)
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June 10, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the ZK token and supports Bitstamp Europe S.A. seeking admission to trading of the crypto-asset on the Bitstamp trading platform. It combines legal precision with technical insight to describe zkSync network, with zk serving as a native crypto-asset to the network. It also explains the token’s classification as a “crypto-asset other than an asset-referenced token or e-money token” under MiCA Title II, including disclosures on the trading structure, risks, governance framework, and sustainability indicators.
MANTRA MiCA White Paper (iXBRL)
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June 9, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the MANTRA token and supports MANTRA Chain Association seeking admission to trading of the crypto-asset. It combines legal precision with technical insight to describe Mantra chain, with MANTRA serving as a native and governance crypto-asset to the chain. It also explains the token’s classification as a “crypto-asset other than an asset-referenced token or e-money token” under MiCA Title II, including disclosures on the trading structure, risks, governance framework, and sustainability indicators.
BELG MiCA White Paper (iXBRL)
May 29, 2026
This MiCA-compliant white paper describes BELG, a fan-focused crypto-asset issued by Fan Token Management AG on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of BELG, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. BELG is classified as an OTH crypto-asset under MiCA Title II.
SPAIN MiCA White Paper (iXBRL)
May 29, 2026
This MiCA-compliant white paper describes SPAIN, a fan-focused crypto-asset issued by Fan Token Management AG on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of SPAIN, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. SPAIN is classified as an OTH crypto-asset under MiCA Title II.
SFA MiCA White Paper (iXBRL)
May 20, 2026
This MiCA-compliant white paper describes SFA, a fan-focused crypto-asset issued by Fan Token Management AG on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of SFA, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. SFA is classified as an OTH crypto-asset under MiCA Title II.
UFA MiCA White Paper (iXBRL)
May 20, 2026
This MiCA-compliant white paper describes UFA, a fan-focused crypto-asset issued by Fan Token Management AG on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of UFA, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. UFA is classified as an OTH crypto-asset under MiCA Title II.
SAFA MiCA White Paper (iXBRL)
May 20, 2026
This MiCA-compliant white paper describes SAFA, a fan-focused crypto-asset issued by Fan Token Management AG on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of SAFA, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. SAFA is classified as an OTH crypto-asset under MiCA Title II.
MNT MiCA White Paper (iXBRL)
April 20, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the MNT token and supports Bitstamp Europe S.A. seeking admission to trading of the crypto-asset. It combines legal precision with technical insight to describe Mantle Network as a decentralised project, with MNT serving as its native token. It also explains the token’s classification as a OTH crypto-asset under MiCA Title II, including disclosures on the trading structure, risks, governance framework, and sustainability indicators.
XTZ MiCA White Paper (iXBRL)
April 20, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the XTZ token and supports Bitstamp Europe S.A. in seeking admission to trading of the crypto-asset on Bitstamp. It combines legal precision with technical insight to describe Tezos as a self-amending blockchain protocol, while explaining the role of XTZ as the native crypto-asset. The white paper further sets out the token’s classification as a OTH asset under MiCA Title II, together with the required disclosures on trading structure, risks, governance, and sustainability indicators.
SKY MiCA White Paper (iXBRL)
April 20, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the SKY token and supports Bitstamp Europe S.A. in seeking admission to trading of the crypto-asset on Bitstamp. It combines legal precision with technical insight to describe the Sky Protocol as a decentralised Ethereum-based financial system. The white paper further sets out the token’s functionality and its classification as a OTH crypto-asset under MiCA Title II, together with the required disclosures on the trading structure, material risks, governance arrangements, and sustainability indicators.
BDX MiCA White Paper (iXBRL)
April 3, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the Beldex ecosystem project and supports the admission to trading of the BSC-bridged version of BDX. It combines legal precision with technical insight to describe the Beldex blockchain and the crypto-asset’s functionalities. The MiCA white paper also addresses the token’s classification as an OTH under MiCA Title II. In this context, it includes disclosures on the trading structure, associated risks, governance framework, and sustainability indicators.
PERSIJA MiCA White Paper (iXBRL)
March 31, 2026
This MiCA-compliant white paper describes PERSIJA, a fan-focused crypto-asset issued on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of PERSIJA, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. PERSIJA is classified as an OTH crypto-asset under MiCA Title II.
SBP MiCA White Paper (iXBRL)
March 30, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the Sustainable Bitcoin Protocol and supports the admission to trading of its SBP token. It combines legal precision with technical insight to examine the protocol’s core mechanism, notably the use of verifiable clean energy in Bitcoin mining without altering its Proof of Work consensus, as well as the token’s functionality and classification as an “other” crypto-asset under MiCA Title II, including disclosures on the trading structure, risks, governance framework, and sustainability indicators.
YELLOW MiCA White Paper
March 30, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of Yellow Network and its YELLOW utility token. It combines legal precision with technical insight to examine the project’s Layer-3 and cross-chain architecture, token functionality, and classification as a utility token under MiCA Title II, including disclosures on offer structure, risks, governance framework, and sustainability indicators.
LION MICA White Paper
March 30, 2026
This MiCA-compliant white paper, published by the MiCA Crypto Alliance, presents an analysis of the Loaded Lions: Mane City Game and its token, LION. It combines legal precision with technical insight to examine the project’s architecture and token functionalities, together with its classification as an OTH non-utility crypto-asset under MiCA Title II. The paper also includes disclosures on the admission to trading, associated risks, and sustainability indicators.
WYND MiCA White Paper (iXBRL)
March 24, 2026
This MiCA-compliant white paper describes the WYND Utility Token, issued by WYND Capital GmbH as a digital access and booking instrument for travel, yachting, and concierge services. It examines the token’s classification as a utility token under MiCA Title II, together with its functionality, supply model, and disclosures on the public offer, associated risks, underlying technology, and sustainability indicators.
EURe MiCA White Paper (iXBRL)
March 20, 2026
This MiCA-compliant white paper describes EURe, an e-money token issued by Monerium. It examines EURe’s classification as an e-money token under MiCA Title IV, and includes disclosures on issuance and redemption, risk factors, underlying technology, rights and obligations, and sustainability indicators.
BSV White Paper (iXBRL)
February 9, 2026
This MiCA-compliant white paper was prepared to support the admission to trading of Bitcoin Satoshi Vision (BSV), a decentralised Layer 1 crypto-asset. It examines BSV’s classification as an “other crypto-asset” under MiCA Title II, its network design and supply model, together with disclosures on admission to trading, risk factors, protocol governance, and sustainability indicators.
SPURS White Paper (iXBRL)
January 20, 2026
This MiCA-compliant white paper describes SPURS, a fan-focused crypto-asset issued on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of SPURS, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. SPURS is classified as an OTH crypto-asset under MiCA Title II.
TRA White Paper (iXBRL)
January 20, 2026
This MiCA-compliant white paper describes TRA, a fan-focused crypto-asset issued on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of TRA, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. TRA is classified as an OTH crypto-asset under MiCA Title II.
POR White Paper (iXBRL)
January 20, 2026
This MiCA-compliant white paper describes POR, a fan-focused crypto-asset issued on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of POR, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. POR is classified as an OTH crypto-asset under MiCA Title II.
MENGO White Paper (iXBRL)
January 20, 2026
This MiCA-compliant white paper describes MENGO, a fan-focused crypto-asset issued on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of MENGO, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. MENGO is classified as an OTH crypto-asset under MiCA Title II.
GAL White Paper (iXBRL)
January 20, 2026
This MiCA-compliant white paper describes GAL, a fan-focused crypto-asset issued on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of GAL, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. GAL is classified as an OTH crypto-asset under MiCA Title II.
DOJO White Paper (iXBRL)
January 20, 2026
This MiCA-compliant white paper describes DOJO, a fan-focused crypto-asset issued on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of DOJO, including its engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. DOJO is classified as an OTH crypto-asset under MiCA Title II.
CITY White Paper (iXBRL)
January 20, 2026
This MiCA-compliant white paper describes CITY, a fan-focused crypto-asset issued on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of CITY, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. CITY is classified as an OTH crypto-asset under MiCA Title II.
CHZ White Paper (iXBRL)
January 20, 2026
This MiCA-compliant white paper describes CHZ, the native crypto-asset of the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of CHZ, including its role as the gas and governance crypto-asset of the network, supply and inflation mechanics, validator participation and on-chain governance, key risk disclosures, and sustainability-related information. CHZ is classified as an OTH crypto-asset under MiCA Title II.
ARG White Paper (iXBRL)
January 20, 2026
This MiCA-compliant white paper describes ARG, a fan-focused crypto-asset issued on the Chiliz Chain. Published in inline XBRL format in line with MiCA technical requirements, it sets out the legal, technical, and operational characteristics of ARG, including its fan engagement and token-gated functionality, issuance and offer structure, governance and risk disclosures, and sustainability-related information. ARG is classified as an OTH crypto-asset under MiCA Title II.
HBAR MiCA White Paper (iXBRL)
December 24, 2025
This MiCA-compliant white paper is an independently authored analysis of Hedera, a Layer 1 network, published in inline XBRL format in line with MiCA technical requirements. It combines legal analysis with a detailed technical understanding of the Hedera ecosystem.
SAUCE MiCA White Paper
November 17, 2025
This MiCA-compliant white paper provides an independently authored analysis of SaucerSwap’s decentralised exchange architecture and its SAUCE token. It examines the token’s governance, liquidity incentive, and staking functions together with its classification as an OTHR non-utility crypto-asset under MiCA Title II.
WLFI MiCA White Paper
October 30, 2025
This MiCA-compliant white paper provides an independently authored analysis of World Liberty Financial and its governance-focused crypto-asset, WLFI. It combines legal precision with technical insight to examine the token’s governance design, rights and limitations, and classification as an “other crypto-asset” under MiCA Title II, including disclosures on protocol governance and sustainability indicators.
HYPE MiCA White Paper
October 25, 2025
This MiCA-compliant white paper provides an independently authored analysis of Hyperliquid and its native crypto-asset, HYPE. It combines legal precision with technical insight to examine the project’s Layer 1 architecture, token characteristics, and classification as an “other crypto-asset” under MiCA Title II, including disclosures on governance, staking, and sustainability indicators.
BILLY MiCA White Paper
October 8, 2025
This MiCA-compliant white paper provides an independently authored analysis of Billion Dollar Cat (BILLY), a Bitcoin Rune–based token. It combines legal precision with technical insight to outline the project’s issuance framework, token characteristics, and classification as a non-utility crypto-asset under MiCA Title II.
APRA MiCA White Paper
September 29, 2025
This MiCA-compliant white paper provides an independently authored analysis of Apraemio Ltd. and its APRA utility token. It combines legal precision with technical detail to outline the token’s framework, rights and limitations, and its role in enabling access to curated goods and services within the Apraemio ecosystem.
XDC MiCA White Paper
September 15, 2025
This MiCA-compliant white paper provides an independently authored analysis of the XDC Network and its native token, XDC. It combines legal precision with technical depth to examine the network’s consensus framework, interoperability features, and the token’s role in powering trade finance and real-world asset applications.
