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.
W (Wormhole) MiCA White Paper (iXBRL)
July 1, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the W 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 Wormhole platform, with W serving as a native crypto-asset to the protocol. It also explains the token’s classification as an OTH under MiCA Title II, including disclosures on the trading structure, risks, governance framework, and sustainability indicators.
VVV MiCA White Paper (iXBRL)
July 1, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the Venice token (VVV) and supports Bitstamp Europe S.A.'s application for the admission to trading of the crypto-asset on Bitstamp. It combines legal precision with technical insight to describe Venice.ai as an AI platform, with VVV serving as its utility token. The white paper also explains the token’s classification as an OTH under Title II of MiCA, including disclosures on the trading structure, associated risks, and sustainability indicators.
JTO MiCA White Paper (iXBRL)
June 30, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the Jito token (JTO) 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 Jito network, with JTO serving as a governance crypto-asset to the network. It also explains the token’s classification as an OTH under MiCA Title II, including disclosures on the trading structure, risks, governance framework, and sustainability indicators.
RAY MiCA White Paper (iXBRL)
June 30, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the RAY 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 Raydium protocol, with RAY serving as a native crypto-asset to the protocol. It also explains the token’s classification as an OTH under MiCA Title II, including disclosures on the trading structure, risks, governance framework, and sustainability indicators.
ORCA MiCA White Paper (iXBRL)
June 30, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the ORCA 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 Orca protocol, with ORCA serving as a native governance crypto-asset to the protocol. It also explains the token’s classification as an OTH under MiCA Title II, including disclosures on the trading structure, risks, governance framework, and sustainability indicators.
BTC.ℏ MiCA White Paper (iXBRL)
June 30, 2026
This MiCA-compliant white paper provides a structured regulatory analysis of the BTC.ℏ token and supports BITCOIN.H LLC in seeking admission to trading of the crypto-asset. It combines legal precision with technical insight to describe the project, with BTC.ℏ designed to support a broad range of applications by leveraging its low costs, high efficiency, and fast settlement. The white paper also explains the token’s classification as an OTH under MiCA Title II and includes disclosures on its trading structure, risk factors, governance framework, and sustainability indicators.
ZCHF MiCA White Paper (iXBRL)
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June 26, 2026
This white paper was prepared to support the admission to trading of ZCHF on the Kraken trading platform, a decentralised overcollateralised crypto-asset. It describes ZCHF’s issuance within the Frankencoin protocol through smart contract-based collateralisation mechanisms, its use as a means of payment and store of value, and its classification outside MiCA Titles II, III, and IV pursuant to Recital 22. The paper also includes disclosures on the admission to trading, associated risks, and sustainability indicators.
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.
