Regulation· ★★★★· neutral·

EU Commission closes MiCA consultation, revision possible by 2027

  • —The consultation ran from May 20, 2026, with the deadline pushed to September 30
  • —Stablecoin rules took effect June 30, 2024, followed by CASP requirements on December 30, 2024
  • —As of September 1, 2026, 39 e-money tokens were issued under MiCA, but no asset-referenced tokens are authorized
  • —Capital requirements range from 50,000 euros for Class 1 services to 150,000 euros for Class 3 trading platforms
Why it matters: A MiCA revision could reshape capital and licensing requirements for EU crypto firms and the rules governing stablecoins.
Source: Cryptonaute
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