Issuance of Stablecoins with a Value of up to EUR 5 Million – What Advantages Does MiCAR Offer Small ART Issuers?
The issuance of stablecoins is strictly regulated under MiCAR by the provisions on Asset-Referenced Tokens. However, there are exemptions, in particular for issuances not exceeding the equivalent of EUR 5 million. How far-reaching are the exemptions for such issuances?
Asset Referenced Token – What Exactly Are ART Under MiCAR?
The regulations on Asset-Referenced Tokens of MiCAR will be applicable in less than six months’ time. By then at the latest, there must be clarity as to which tokens should fall under the regulations. It is still unclear when exactly a token is aimed at value stability.
