EUROPEAN BANKING AUTHORITY MICA ANNOUNCEMENT
"The EBA publishes final draft technical standards under the Markets in Crypto-Assets Regulation (MICA)"
Specifically, stablecoins and tokenized assets are currently in the comment stage and ready for the white papers.
A white paper is a final document ready for implementation for business owners in an industry to utilize as a reference guideline. In this case, this particular white paper is for countries around the world to use these stablecoin and asset regulations as a guideline for creating a standardized stablecoins and digital assets they can use Globally.
Remember, Stablecoins and Market assets are a digital representation of a country's currency and the assets they pay for going forward. The standardization process of our Global currencies is currently in their final phases. EBA Europa CorporateFinanceInstitute
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