EBA issues opinion on MiCAR RTS changes

Home
»
Stories
»
2025
»
February

CRYPTO NEWS AROUND THE GLOBE

New proof of reserves for Binance: the exchange finally cleared?

Ternoa gets into DeFi: smart contracts arrive on the betanet

Bitcoin: More than 6,000 merchants accept BTC in their store

Coinbase plans acquisition to expand derivatives offering in EU

BTC: Cboe exchange approves listing of Fidelity Investments Bitcoin Spot ETF

European Central Bank lays out €1.2bn plan for development of digital euro

Crypto Council for Innovation survey finds crypto offers alternative to underbanked communities

Prosecutors won't pursue second trial against FTX founder

Lummis: 'Congress must create rules of the road for the crypto asset industry'

Nexo acquitted of money laundering and tax fraud

Donald Trump sells $2.4 million worth of ETH

Are modular blockchains the answer to scalability problems?

THE TITANS OF WALL STREET AND THE BITCOIN ETF RACE – CRYPTO PERSONALITIES OF 2023

CRYPTO: RIPPLE VERSUS THE SEC, WILL THE WAR CONTINUE IN 2024?

BNB Surges 11% to Overtake Solana as Community Welcomes Sleepless AI

The fortune of the former CEO of Binance increased by 25 billion in 2023

The 5 events that marked the world of crypto in 2023

Currencies and Freedoms: Interview with Benoit Huguet

Survey: Bitcoin adoption slowed by an overly complicated crypto wallet?

Coinbase obtains PSAN registration in France

Crypto industry steps up political donations as mood in Washington sours

Bitcoin miners splash out $600mn in race to squeeze out rivals

Circle secures conditional registration in France under DASP rules

PSAN: the challenges of Circle and Coinbase's arrival in France

El Salvador Offers Citizenship to Bitcoin “Donors”

Coinbase Lands PSAN Registration in France

EXCLUSIVE: Swift makes progress on a blockchain settlement system

Binance CEO Richard Teng: 'Binance has invested heavily in compliance'

Shares, Trade Republic, Robinhood: the growing appetite of investment apps for cryptos

Banks, Tech, Crypto: The Biggest Winners and Losers in Congress

All Crypto News Around The Globe

EBA issues opinion on MiCAR RTS changes

Web3/Crypto

Jose Manuel Campa, Chair of the EBA | LinkedIn

By Crypto Republique

Feb 28, 2025

The European Banking Authority (EBA) has issued an opinion on proposed changes to the draft Regulatory Technical Standards (RTS) concerning the authorization of public offers or trading of asset-referenced tokens under the Markets in Crypto-Assets Regulation (MiCAR). This announcement was made in a press release dated February 27.

According to the press release, the EBA has accepted the European Commission's proposed amendments to its draft RTS on asset-referenced tokens (ARTs) under MiCAR. The EBA recommends modifying the Level 1 text to incorporate requirements related to market policy abuse, third-party audits of Distributed Ledger Technology (DLT), and a more comprehensive definition of "good repute."

This opinion is based on Regulation (EU) No 1093/2010 and responds to the European Commission’s amendments to the draft RTS. The RTS, which aim at regulating ART market access, were initially submitted by the EBA in May 2024. The European Commission endorsed them with amendments in January 2025.

Get the Newsletter

Sign-up to receive weekly round up of news from Crypto Republique

According to the European Union, MiCA establishes uniform rules for crypto-asset issuers and service providers not covered by existing EU laws. It aims to ensure transparency, consumer protection, and market stability, with specific obligations for different types of crypto-assets, including e-money and asset-referenced tokens. The regulation will be effective from December 30, 2024, and includes provisions on governance, disclosure, and preventing market abuse, with oversight by EU authorities like the EBA and ESMA.

The EBA is an independent EU agency responsible for ensuring effective and consistent regulation and supervision within the European banking sector. Its primary mission is to enhance the stability and integrity of the EU financial system through transparent and fair regulation. The EBA contributes to creating harmonized prudential rules for financial institutions and promotes convergence in supervisory practices. It also conducts risk assessments, oversees digital and operational resilience, and works to prevent financial crime. Additionally, it provides advice to EU institutions and resolves cross-border financial disputes.