
Reed Smith launches MiCA compliance platform
- Reed Smith launched a tool to help crypto companies meet EU MiCA rules.
- The platform automates key compliance tasks, including token checks and required documents.
- The law firm said it plans to expand the service to other crypto markets.
Reed Smith launched Aquarius, a platform that helps crypto companies comply with the European Union's Markets in Crypto-Assets (MiCA) rules.
The launch comes after the EU's MiCA transition period ended, requiring crypto firms to meet new licensing requirements.
Aquarius helps companies classify crypto assets, prepare required white papers, and complete compliance checks, Reed Smith said.
The law firm said the platform combines automated tools with legal support for companies entering the European crypto market.
Reed Smith said it plans to add support for crypto rules in the United Kingdom, the United Arab Emirates, Hong Kong, and Singapore.
MiCA creates one set of crypto rules across the European Union and requires firms to follow common compliance standards.
The platform is designed to help crypto businesses meet new rules as digital asset regulation expands across global markets.