Cross-Border & Passport
Equivalence Determination
European Commission decision that a third-country regulatory framework is equivalent to MiCA — enables specific cross-border arrangements.
Definition
An equivalence determination is a Commission decision that a third-country regulatory framework provides equivalent protection to MiCA. Enables specific cross-border supervisory cooperation arrangements. As of 2026 no general MiCA equivalence has been issued; bilateral supervisory MoUs cover specific matters.