Officials set to revise MiCA to cover non-EU stablecoin issuers: Report
CoinTelegraph·
60-second summary
EU officials are set to revise the Markets in Crypto-Assets framework, known as MiCA, to cover non-EU stablecoin issuers. This move reportedly comes in response to a US stablecoin law and rules on tokenized payments and deposits. The revisions, dubbed "MiCA 2.0," aim to address regulatory gaps and ensure compliance with global standards, potentially impacting the global stablecoin market.
EU officials reportedly plan to consider changes to the Markets in Crypto-Assets framework, dubbed by some as “MiCA 2.0,” in response to a US stablecoin law and rules on tokenized payments and deposits.