Regulation· ★★★★· neutral·

EBA calls for clearer MiCA boundaries amid rise of hybrid tokens and global stablecoins

  • EBA seeks clearer line between financial instruments and MiCA crypto-assets
  • 39 EMTs issued under MiCA as of Sept 1, 2026; no ART approved
  • Proposes a dedicated regime for multi-jurisdiction stablecoin issuance
  • Calls for rules on crypto lending and tokenized deposits
Why it matters: The MiCA clarifications will shape how the EU regulates stablecoins and hybrid tokens, affecting issuers and exchanges.
Source: DiarioBitcoin