Posted 3/13/2024, 12:01:00 PM
EU Regulators Publish New Draft Standards for Multi-Asset Stablecoins Under MiCA Regulation
- EU regulators published draft technical standards for stablecoins referencing multiple currencies/assets under new MiCA regulation
- Standards are one of several batches watchdogs expected to formulate and issue under MiCA
- EU banking regulator published last batch of draft requirements for multi-currency stablecoins under MiCA on Wednesday
- Regulators consulting on several other Regulatory Technical Standards (RTS) under MiCA
- While MiCA takes effect in December, rules for stablecoins come into force this summer