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European Commission seeks to extend MiCA reach to tokenization and non-EU stablecoin issuers

7/8/2026

A Brussels consultation is reportedly putting two unresolved perimeter questions in focus for European crypto markets: how tokenized assets get classified, and whether stablecoin issuers outside the European Union can continue serving EU users without a local license.

The European Commission is said to be seeking stakeholder comment on expanding the Markets in Crypto-Assets regulation, with a deadline of Sept.

That date is the next confirmable milestone for anyone tracking how Europe redraws its digital-asset rules.

What the Commission is reportedly asking MiCA, which covers crypto-asset service providers and specific token categories, left at least two areas unaddressed when it came into force.

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