EU MiCA authorization status, token type, and supervising authority across assessed stablecoins — sourced to public registers.
How To Read MiCA Status
Authorized means the issuer holds an in-effect EMI or credit-institution authorization listed on a competent-authority register. Pending and transitional mark applications in flight or venue-level grandfathering. Non-compliant means in-scope with no authorization path. Out of scope means not offered to the EU public.
This tracker is informational and sourced — not legal advice. Statuses are editorial assignments against public registers and may lag real authorizations or delistings. Confirm against the linked register before relying on a status.
Best Questions
Pair this with Screener and Safety Scores for a fuller risk picture.
It maps tracked stablecoins to their standing under the EU Markets in Crypto-Assets Regulation (MiCA, Regulation (EU) 2023/1114): authorization status, token type (EMT vs ART), the supervising competent authority, the authorized issuer entity, and per-coin register references. It covers only coins that have been assessed; the rest are left out of the table.
An e-money token (EMT) references a single official currency — most fiat-backed EUR and USD stablecoins are EMTs. 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 MiCA issuer rules for EMTs and ARTs have applied since 30 June 2024 with no grandfathering for issuance. The transitional window that runs to around mid-2026 covers crypto-asset service providers and venues, not issuers, so a 'transitional' status here refers to venue-level cover, not issuer authorization.
No. The tracker is an informational surface with sourced links, not legal advice. Statuses are editorial assignments against public registers and may lag real-world authorizations or delistings. Confirm any status against the underlying ESMA, EBA, or national-authority register before relying on it.
| Coin | MiCA Status | Token Type | Competent Authority | Authorized Entity | Significant | Sources |
|---|---|---|---|---|---|---|
| Authorized | EMT | BaFinEMI authorization | AllUnity GmbH | — | ||
| Authorized | EMT | BaFinEMI authorization | AllUnity GmbH | — | ||
| Authorized | EMT | ACPREMI authorization | Circle Internet Financial Europe SAS | — | ||
| Authorized | EMT | ACPREMI authorization | Societe Generale-FORGE | — | ||
| Authorized | EMT | Central Bank of IcelandEMI authorization | Monerium EMI ehf | — | ||
| Authorized | EMT | CSSFCredit institution | Banking Circle S.A. | — | ||
| Authorized | EMT | ACPREMI authorization | SALVUS | — | ||
| Authorized | EMT | DNBEMI authorization | Quantoz Payments B.V. | — | ||
| Authorized | EMT | MFSAEMI authorization | StablR Ltd | — | ||
| Authorized | EMT | ACPREMI authorization | Circle Internet Financial Europe SAS | — | ||
| Authorized | EMT | ACPREMI authorization | Societe Generale-FORGE | — | ||
| Authorized | EMT | FIN-FSAEMI authorization | Paxos Issuance Europe Oy | — | ||
| Authorized | EMT | DNBEMI authorization | Quantoz Payments B.V. | — | ||
| Authorized | EMT | MFSAEMI authorization | StablR Ltd | — | ||
| Pending | EMT | FinanstilsynetEMI authorization | Norwegian Block Exchange AS (NBX) | — | ||
| Non-Compliant | EMT | — | — | — | ||
| Non-Compliant | EMT | MFSA | STSS (Malta) Limited | — | ||
| Non-Compliant | EMT | — | — | — | ||
| Non-Compliant | EMT | — | — | — | ||
| Non-Compliant | EMT | FMA Liechtenstein | VNX Commodities AG | — | ||
| Non-Compliant | EMT | FMA Liechtenstein | VNX Commodities AG | — | ||
| Non-Compliant | EMT | FMA Liechtenstein | VNX Commodities AG | — | ||
| Non-Compliant | ART | FMA Liechtenstein | VNX Commodities AG | — | ||
| Out of Scope | EMT | — | — | — |