EU Regulators Publish Batch of Draft Guidelines for Stablecoins Beneath MiCA

EU Regulators Publish Batch of Draft Guidelines for Stablecoins Beneath MiCA

by Jeremy

The RTS printed lays out the “necessities, templates and procedures complaints acquired by issuers” of what MiCA defines as asset reference tokens (ARTs). In contrast to stablecoins which are pegged to the worth of 1 foreign money just like the euro or U.S. greenback, ARTs – reminiscent of Libra (later Diem), proposed by Meta a couple of years in the past – can reference a number of of them or different belongings like cryptocurrencies.

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