BSV Association Gains MiCA Recognition, Co-Authors White Paper on EU Crypto Compliance

ZUG, Switzerland — Feb. 10, 2026 — The BSV Association announced what it calls formal recognition under the EU’s Markets in Crypto-Assets (MiCA) framework, citing its collaboration with Zumo and its work with the MiCA Crypto Alliance. Alongside that milestone, the group said it co-authored a new white paper designed to help regulators, enterprises, and public-sector organizations implement MiCA in practice — without getting stuck in theory.

The core pitch is execution: the Association is positioning the white paper as a set of technical standards and compliance guidance meant to translate MiCA’s legal requirements into something that can be deployed, measured, and audited.

“From policy to production”: what the white paper is trying to do

According to the announcement, the joint white paper lays out how scalable public blockchains can meet supervisory expectations around:

• Transparency
• Traceability
• Consumer protection
• Accountability

The Association framed the effort as a blueprint for “compliant deployment at scale,” with the broader goal of helping organizations move beyond pilots and into real production environments under clear regulatory boundaries.

How BSV is positioned under MiCA

A notable section of the release focuses on classification and baseline characteristics:

• Under MiCA, BSV is described as an “other crypto-asset (OTH)”, distinct from asset-referenced tokens (ARTs) and e-money tokens (EMTs).
• The Association says BSV is decentralized, peer-to-peer, and not backed by any issuer or asset, and it confers no ownership, dividend, or governance rights.
• BSV is described as fully fungible and used for peer-to-peer payments, functioning as a unit of account, and serving as the transaction payment instrument that supports network operations.
• The release emphasizes that the protocol does not rely on staking, delegated validation, or governance structures, framing that as part of its “neutral public infrastructure” argument.

What the partners are saying

BSV Association Managing Director Asgeir Oskarsson argued that regulation should be treated as the foundation for trust and durable growth, positioning MiCA as a clear rulebook—and the current challenge as implementation.

Juan Ignacio Ibañez, General Secretary of the MiCA Crypto Alliance, said MiCA’s success depends on technically sound infrastructure that can demonstrate compliance in real-world operation, framing the collaboration as a bridge between policy intent and adoption.

Zumo’s Neshma Emile emphasized sustainability, transparency, and regulatory trust as the differentiators for the next phase of adoption—arguing compliance-led design should be verifiable and auditable rather than “box-ticking.”

The release also includes comments from Monty Metzger, CEO of LCX, who described MiCA as a landmark framework for building accountable and institutionally trusted digital asset markets, and said LCX is structuring its exchange and compliance systems around MiCA and Liechtenstein’s TVTG framework.

The broader signal: Europe’s “regulated deployment” phase

The partnership is framed as part of a wider European shift toward enterprise-grade blockchain networks that prioritize legal certainty, oversight, and measurable outcomes—with the industry moving from experimentation to regulated deployment.

Industry takeaway: why this matters for crypto in Europe

MiCA is now the rulebook—but the real bottleneck is implementation. This announcement matters less for the token debate and more for the infrastructure debate: can public networks produce disclosures and compliance artifacts that regulators and institutions can actually use?

If efforts like this scale, the practical impact is:

• Clearer asset-level disclosure for exchanges, custodians, and service providers that need standardized documentation to operate under MiCA.
• More “auditable crypto” tooling, shifting compliance from PDF theater to measurable controls and repeatable standards.
• Faster institutional onboarding in the EU, where risk teams want predictable classification, accountability, and traceability before they commit to production use.

In short: Europe’s crypto market is entering a phase where the winners aren’t just the loudest ecosystems—they’re the ones that can prove compliance operationally, not just claim it.

Source: BSV official press release