The new MiCA regulations are really quite impactful.

Now, issuing tokens requires releasing a white paper 40 days in advance, and investors must be given a 14-day cooling-off period for refunds. It sounds protective of users, but in practice, it’s quite awkward.

Those last-minute token sales? They’re basically dead. Projects rushing to launch around the TGE date? No chance. The timelines just don’t match up.

Some compliant platforms and Layer 2 networks will probably need to readjust their issuance strategies as well. After all, entering the European market isn’t as simple as just showing up; you need to prepare documents and go through procedures two months in advance.

With these rules in place, fast-paced strategies have little chance in Europe. Projects will have to learn to plan ahead, or they’ll have to give up on this market.