Reed Smith Launches Automated Compliance Platform for EU Crypto Firms

Global law firm Reed Smith has launched an automated compliance platform called Aquarius to help crypto companies navigate the European Union's Markets in Crypto-Assets (MiCA) regulation. The platform automates key compliance tasks, including crypto-asset classification and regulatory white paper generation.

Aquarius is intended to simplify MiCA compliance for companies entering the EU market or expanding their crypto offerings in the region by combining automated workflows with legal expertise. Reed Smith plans to expand the platform to support crypto compliance regimes in the UK, UAE, Hong Kong, and Singapore.

The launch comes as the EU's MiCA transition period ended on July 1, when crypto companies could no longer rely on temporary national exemptions. The framework establishes licensing, consumer protection, and operational requirements for digital asset service providers across the 27-member EU.