With the entry into force of the MiCA regulation, the legal situation of crypto-asset service providers will change significantly, including through the harmonization of regulations across the EU.

The EU legislator, recognizing the public's distrust of crypto-asset markets and the regulatory uncertainty surrounding the conduct of activities related to it, designed the MiCA regulation.

The rapid development of crypto-asset markets and their growing popularity have contributed to the creation of the MiCA regulation, which is entirely dedicated to the crypto-asset market.

One of the main goals of MiCA is to protect the interests of cryptocurrency users by imposing a number of requirements on crypto asset issuers.

The introduction of MiCA is intended to prevent regulatory fragmentation between EU Member States and create a more predictable legal environment for entities operating in this sector.

Today we will discuss what a non-compete clause is, its legal basis, the challenges associated with its application, and how to effectively formulate these clauses to ensure they are effective and fair.