MiCA (Markets in Crypto-Assets), sometimes referred to by its formal name MiCAR, is the EU's regulatory framework for crypto and digital assets — the most comprehensive set of rules the industry has faced to date. For Nordic players, from exchanges and asset managers to companies exploring their own tokens, MiCA defines who can offer crypto services, what's required of stablecoin issuers, and how supervision and licensing work across the EU/EEA. Kaupr tracks how MiCA plays out for Nordic businesses in practice.