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Stablecoins in European Union

Regulatory framework and compliance status for stablecoins in European Union

Overview

Region: Europe
ISO Code: EU
General Stance: permissive

Regulatory Framework: MiCA (Markets in Crypto-Assets)
Effective Date: December 30, 2024
Licensing Required: Yes

Licensing Notes

MiCA authorization required for significant asset-referenced tokens. CASP license required for exchanges.

Regulator

ESMA / EBA

Official Website →

Permitted Stablecoins

2

Restricted/Prohibited

4

Unclear Status

5

Regulatory Sources

According toESMA MiCA Implementationas of December 30, 2024
According toPaxos EU Expansionas of October 1, 2024
According toESMA Crypto-Asset Markets Registeras of December 30, 2024
According toBinance MiCA Compliance Noticeas of November 15, 2024
According toESMA Crypto-Asset Markets Registeras of December 30, 2024
According toPax Dollar - US Onlyas of January 1, 2024
According toESMA Crypto-Asset Markets Registeras of December 30, 2024
According toESMA MiCA Implementationas of December 30, 2024
According toTechteryx / TrueUSD Official Websiteas of January 1, 2024
According toESMA MiCA FAQsas of January 15, 2024
According toESMA MiCA FAQsas of January 15, 2024
According toMiCA Regulation (EU) 2023/1114as of May 31, 2023[archive]
According toESMA MiCA FAQs - Classification of Crypto-Assetsas of January 15, 2024[archive]
According toESMA MiCA Implementation and Authorization Requirementsas of December 30, 2024[archive]
According toSky Protocol Official Websiteas of January 31, 2026

Disclaimer: This information reflects issuer disclosures and regulatory guidance as of the dates indicated. Regulations change frequently. Verify current status with qualified legal counsel before making decisions. This registry does not provide investment advice.