EU plans to expand MiCA’s regulatory scope to cover tokenized assets and non-EU stablecoin issuers.

The European Union is considering revising its Markets in Crypto-Assets (MiCA) regulation, just about a week after the comprehensive crypto regulatory framework fully took effect. The European Commission is soliciting feedback from relevant stakeholders, with a deadline of September 30. According to multiple anonymous sources familiar with the matter, the Commission is evaluating whether to expand MiCA’s regulatory scope to cover emerging areas including tokenization and non-EU stablecoin issuers. MiCA is the EU’s comprehensive regulatory framework for crypto assets, designed to establish unified rules for crypto asset issuance, trading, custody and other related services across the bloc. The regulation officially entered into force in December 2024, though most service providers were granted a transition period to complete compliance adjustments, which ran through July 1 this year.