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EU proposes to revise MiCA to cover tokenization and non-EU stablecoins, seeking feedback until September 30
PANewsJul 9, 2026
The EU is considering revising the MiCA regulation to cover emerging areas such as tokenization and non-EU stablecoin issuers; the public consultation period ends on September 30.
MiCA fully entered into force on July 1, concluding its transition period, with only 244 companies approved as crypto-asset service providers.This revision comes against the backdrop of the rise of tokenized securities (on-chain equities have reached $2.16 billion, representing a nearly 45% increase quarter-on-quarter) and global progress in stablecoin regulation following the U.S. GENIUS Act’s passage.An EU diplomat stated, “Revisiting this document at this time seems inevitable.” In May, the European Commission launched a related investigation, noting that “since MiCA’s adoption, the digital asset market has continued to evolve, and the global policy and regulatory landscape has undergone significant changes,” and is currently assessing whether the EU framework requires updates.[PANews]
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