TOKENIZATION POLICY
The Vanderbilt Terminal for Digital Asset Policy & Regulation
INDEPENDENT INTELLIGENCE FOR TOKENIZATION POLICY, LEGISLATION & POLITICAL ECONOMY
GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91| GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91|

European Commission

DG FISMA: The European Commission Directorate That Wrote MiCA

The European Commission's Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) drafted MiCA and continues to lead EU digital finance policy — making it the institutional author of the world's most comprehensive crypto framework.

Donovan Vanderbilt · February 24, 2026 · 7 min read

EU Digital Finance Strategy: The Policy Blueprint That Produced MiCA

The European Commission's Digital Finance Strategy, published September 2020, set out the political vision that became MiCA, the DLT Pilot Regime, and the Digital Operational Resilience Act. Understanding the strategy explains the legislation.

Donovan Vanderbilt · February 24, 2026 · 7 min read
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