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.

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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.

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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.

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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.

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White Papers

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.

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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.

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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.

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TKFG MiCA White Paper

July 2, 2025

This MiCA-compliant white paper provides an independently authored analysis of Tokenforge. It brings together legal precision and technical insight to outline the project’s framework, functionality, and role within the broader digital asset ecosystem.

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YouHodler MiCA White Paper

April 3, 2025

Bringing together our expertise, AI innovation, and the industry’s largest ESG database, we partnered with YouHodler to produce a MiCA-compliant white paper. Submitted to CONSOB on 13 February 2025. Download now for the full data.

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White Papers