Compliance & Standards
ESMA - ESCB response to the European Commission’s targeted consultation on the Markets in Crypto-Assets Regulation (MiCAR) (Sep 2026)
ESCB sets out key messages for the MiCAR review, focusing on scope, CASP rules, and the prudential treatment of ARTs and EMTs. The first page highlights stablecoins, financial stability, monetary policy, DeFi, staking, and tokenised deposits as central issues.
Topics: payments, stablecoins, tokenization, crypto, regulation