What MiCA (Stablecoin Reserve) requires
MiCA (Markets in Crypto-Assets Regulation, EU 2023/1114) is the first comprehensive framework for the crypto-asset market. it introduces strict reserve requirements for 'Asset-Referenced Tokens' (ARTs) and 'E-Money Tokens' (EMTs), commonly known as stablecoins, requiring issuers to maintain a 1:1 liquid reserve of assets to ensure the redemption and the systemic stability.
Pillar: Banking & Global Finance · Authority: European Parliament and the Council of the European Union · Version: 1.1.0 · Last updated:
Primary source: https://eur-lex.europa.eu/eli/reg/2023/1114/oj
SHA-256 integrity: 765f9d09310db2fdd72609c9f53bdec2740acd75e19af1b319882636494db2b3
Primary Citations — 6 traced to source
+ 4 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
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