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.
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.
