On June 20, 2025, the National Assembly of Bulgaria conducted a second round of voting on the draft law governing markets in crypto-assets. All provisions of the MiCA regulation received final approval, sending a clear signal to the market: the official framework will soon enter into force.
Second Reading and Its Significance
First, Members of Parliament approved the core principles of the forthcoming regulation. During the second reading, details were refined down to the smallest points and contentious amendments were removed from the agenda. Once the President signs the text and it is published in the “Darzhaven Vestnik,” the law will take effect three days later.
New Rules for Market Operation
Licensing of crypto-service providers following thorough due diligence
Strict capital requirements and anti-money-laundering policies
Mandatory security procedures and internal controls
Rules for public token offerings with an emphasis on transparency
What This Means for the End User
The adoption of the law enhances market security and stability. Provider verification eliminates bad actors, while new asset-protection standards give every user peace of mind. Bureaucracy will indeed become more complex, but you’ll continue trading and managing assets in a familiar environment: nimlab.eu has long been operating its platform according to MiCA principles. Our internal process and risk-management systems already reflect the key norms, user security is a top priority, and transparency and client support remain integral to our service. Thanks to this preparation, any additional requirements will not catch us off guard, and you can proceed without delays or surprises.
What Lies Ahead for the Market
Market participants will need to submit license applications and adapt their systems to the new rules. The licensing process may take several months—an expected transitional period. In the long term, the law will bring order to the market and create a solid foundation for the development of Bulgaria’s crypto-economy.
Your Choice in the New Crypto-World
Regulation creates opportunities, not barriers. While many prepare for the changes, nimlab.eu is already operating under the new rules. Join us and be confident in the future of the crypto-world.