TLDR Tech / Crypto
EU Looks to Expand MiCA Just One Week After Full Implementation
The European Commission is seeking stakeholder comment through September 30 on whether to expand MiCA to cover tokenized securities and non-EU stablecoin issuers, just one week after the landmark rules came into full effect following an 18-month grace period. The revision is being driven by two gaps. Firstly, MiCA currently has no direct framework for tokenized stocks, a category that has grown to $2.16 billion onchain, up nearly 45% in a month. Secondly, the US GENIUS Act's passage has shifted the global stablecoin regulatory landscape since MiCA was written.
Read the full story