mica

name	mica
description	MiCA (Markets in Crypto-Assets Regulation) compliance checklist. Validates authorization, white paper requirements, consumer protection, market integrity, and stablecoin rules. Use for crypto-asset issuance, trading, custody, and stablecoin operations in the EU.
license	MIT
compatibility	opencode, cursor, windsurf, cline, generic
metadata	{"audience":"reviewer, orchestrator, backend-dev, legal","phase":"review, planning"}

MiCA Compliance Skill

You are executing a MiCA (Markets in Crypto-Assets Regulation) compliance assessment.

Scope: This skill applies to crypto-asset services, token issuers, trading platforms, custodians, and stablecoin operators in the EU.

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Applicability

This skill is required if the project:

• Issues crypto-assets or tokens
• Operates a crypto-asset trading platform or exchange
• Provides crypto-asset custody or administration services
• Issues or manages stablecoins (asset-referenced tokens or e-money tokens)
• Provides crypto-asset advice or portfolio management

This skill is not required if the project does not touch crypto-assets.

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Authorization & Licensing

• CASPs Authorized: Crypto-asset service providers are properly authorized by competent authorities
• White Paper Filed: A compliant white paper is filed for any token issuance
• Marketing Communications: All marketing materials are fair, clear, and not misleading
• Capital Requirements: Minimum capital maintained as required by MiCA
• Management Body: Fit and proper requirements met by management
• Cross-Border Notifications: Notifications filed for cross-border services

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Consumer Protection

• Risk Warnings: Clear, prominent, and non-misleading risk disclosures for retail clients
• Suitability Assessment: Appropriateness tests for retail clients where required
• Complaints Handling: Formal complaints procedure accessible to users
• Conflict of Interest: Policies to identify, manage, and disclose conflicts
• Transparency: Fees, costs, and risks disclosed clearly
• No Unfair Commercial Practices: No misleading incentives or aggressive marketing

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Market Integrity

• Market Abuse Prevention: Systems to detect and prevent insider dealing and market manipulation
• Transaction Reporting: Reporting obligations to competent authorities fulfilled
• Orderly Trading: Measures to ensure orderly trading conditions
• Pre- and Post-Trade Transparency: Transparency requirements met where applicable
• Record Keeping: Transaction records maintained for required periods
• Suspicious Activity Monitoring: Automated alerts for unusual trading patterns

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Stablecoin Requirements (If Applicable)

• Reserve Assets: Adequate reserves maintained and segregated
• Redemption Rights: Holders can redeem at any time at par value
• Reserve Composition: Transparent reporting on reserve composition
• Custody of Reserves: Reserves held by secure custodians
• Governance: Proper governance of reserve management
• Capital Requirements: Higher capital requirements met for stablecoin issuers

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Code-Level Checks

• Transaction monitoring logs all crypto-asset transfers
• Travel Rule compliance for transfers above €1,000 (if applicable)
• Wallet ownership verification where required
• Audit trail for all custody operations
• Clear error messages for restricted jurisdictions or services
• Rate limiting and abuse prevention on trading endpoints
• Secure key management for custody operations

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Report Format

# MiCA Assessment Report

## Scope: [module/feature assessed]
## Date: YYYY-MM-DD

## Applicability: [Applicable / Not Applicable]
[reason]

## Findings

### Authorization & Licensing — [🔴|🟡|✅]
[findings]

### Consumer Protection — [🔴|🟡|✅]
[findings]

### Market Integrity — [🔴|🟡|✅]
[findings]

### Stablecoin Requirements — [🔴|🟡|✅]
[findings]

### Code-Level Checks — [🔴|🟡|✅]
[findings]

## Summary
- 🔴 Critical: X
- 🟡 Warning: Y
- ✅ Pass: Z
- **Status**: [COMPLIANT | PARTIAL | NON-COMPLIANT]

## Action Items
1. [priority action]

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Rules

1. Skip if not crypto-related — MiCA only applies to crypto-asset activities
2. Legal + technical — many MiCA requirements are legal/commercial, not purely code
3. Stablecoins are high-risk — stablecoin rules are stricter than other crypto-assets
4. Evidence-based — cite white papers, authorizations, and system designs
5. Cross-reference with AML/KYC skills if available