MiCA after the licence: what the first enforcement data shows, and what it cant
by Conrad Kraft on Oct 15, 2026, 3:22:26 PM
ESMA's first MiCA enforcement figures are small: 10 measures in 4 countries and one fine of EUR 600,000 in 2025. Read next to ESMA's own CASP register, they show a regime that spent its first year policing the perimeter. ESMA's opinion of 8 October 2026 points to the next phase, the s …
DEA's response to the European Commission's MiCA Review
by Digital Euro Association on Oct 12, 2026, 8:00:00 AM
The Digital Euro Association responded to the European Commission's targeted consultation on the review of the Markets in Crypto-Assets Regulation (MiCA) which closed on 30 September 2026. We focused on stablecoins, where our research and our community's expertise are strongest. Our a …
Six numbers, no single answer: what the euro-denominated stablecoin data shows
by Digital Euro Association on Oct 1, 2026, 4:30:34 PM
At the 30 September meeting of the DEA Stablecoin Committee, Matt Oksa, founder of eurostablecoins.xyz took members through the on-chain data for every active euro-denominated stablecoin. His conclusion: no one number tells you whether euro-denominated stablecoins are being adopted.