Compliance Tracker

It maps assessed stablecoins to public, sourced regulatory facts. MiCA rows cover EU authorization status, EMT/ART token type, competent authority, issuer entity, and register references. GENIUS rows are implementation-watch signals while the U.S. regime is pre-effective.

Pharos keeps GENIUS rows in Implementation Watch until an explicitly reviewed release marks the regime effective. Active assets then become eligible for the main table; pre-launch assets remain in Watch until normal catalog activation. Issuer-specific approval evidence does not bypass the regime phase or change an asset's lifecycle.

An e-money token (EMT) references a single official currency. An asset-referenced token (ART) references a basket or other value, such as a multi-currency mix or a commodity. ARTs are rare in the tracked set.

No. The tracker is an informational surface with sourced links, not legal advice. Statuses are editorial assignments against public registers, regulator notices, and issuer disclosures, and may lag real-world authorizations or restrictions.