MiCA transition countdown is ending; automated compliance tools have finally arrived, and law firms are starting to compete on technology too

Crypto news site CoinWorld reports that Reed Smith has announced the launch of an automated MiCA-compliant platform called Aquarius, designed to help crypto businesses meet the EU’s comprehensive regulatory requirements. The platform automates key compliance tasks, including crypto-asset classification, regulatory whitepaper generation, due diligence, and environmental, social, and governance (ESG) disclosures. Reed Smith said that future versions will support crypto compliance frameworks in the UK, the UAE, Hong Kong, and Singapore. The launch comes as the EU MiCA transition period ends on July 1, and all crypto asset service providers must follow unified licensing, consumer protection, and operational standards.