Understanding MiCAR: Strategic Clarity for Digital Asset Leaders

Understanding MiCAR: Strategic Clarity for Digital Asset Leaders in Germany

Published on December 31, 2025.

With the Markets in Crypto-Assets Regulation (MiCAR), the European Union introduces a harmonized regulatory framework for crypto assets across all member states. For banks, financial institutions, fintech companies, and crypto-native firms, this marks a fundamental shift. MiCAR creates legal certainty, but it also introduces new responsibilities that directly affect business models, governance structures, and market entry strategies. Organizations active in digital assets need to move beyond headlines and understand how the regulation applies in practice.

MiCAR covers a wide range of activities, including the issuance of crypto assets, stablecoins, custody services, trading platforms, and related service providers. Key topics include licensing requirements, organizational governance, capital requirements, transparency obligations, and ongoing compliance. For executives and decision makers, the challenge lies not only in understanding the legal text, but in translating regulatory requirements into operational and strategic decisions that support sustainable growth across European markets.

A German-Speaking Executive Program

To support this transition, EBS Executive School offers a dedicated executive education program focused on MiCAR. The program is conducted in German and takes place on site at the EBS campus in Oestrich-Winkel, Germany. It is designed for professionals who need a structured and practice-oriented understanding of MiCAR, with a clear focus on real-world implications for banks, financial service providers, and digital asset businesses operating in Europe.

As MiCAR becomes fully applicable, regulatory understanding increasingly becomes a strategic differentiator. Companies that invest early in executive-level education are better positioned to design compliant offerings, engage confidently with regulators, and build resilient business models under the new European framework. A German-speaking, in-person program at EBS provides a focused setting for decision makers who want clarity, depth, and direct exchange on MiCAR implementation in practice.

Lecturers and Contributors

The program is delivered by EBS Executive School in cooperation with law firm HEUKING. The lectures are taught by senior practitioners and academics with hands-on experience in MiCAR, digital assets, and capital markets:

Dr. Felix Bekemeier, Head of Digital Securities / Deputy Director Digital Assets, Hauck Aufhäuser Lampe Privatbank AG
Dr. Dr. Johannes Blassl, Partner, Banking and Capital Markets Law, Heuking Kühn Lüer Wojtek
Svenja Brinkmann, Senior Associate, Heuking Kühn Lüer Wojtek
Christoph Hock, Head of Tokenisation and Digital Assets, Union Asset Management Holding AG
Benjamin Schaub, Managing Partner, intas.tech GmbH
Prof. Dr. Ulrich Segna, Chair of Civil, Commercial, and Business Law

About EBS Executive School: EBS Executive School is the executive education arm of EBS University of Business and Law. It offers German-speaking, practice-oriented programs for senior decision makers. The MiCAR program takes place on site at the EBS campus in Oestrich-Winkel, Germany.

About HEUKING: The involvement of HEUKING adds applied legal depth, reflecting current supervisory expectations and market practice for MiCAR implementation in Germany and across Europe.