EU May Revise MiCA in 2027 to Cover Foreign Stablecoin Issuers

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The European Union is preparing to reopen MiCA, likely in 2027, to supervise non-EU stablecoin issuers. The European Commission is gathering stakeholder feedback until September 30 before deciding whether to formally reopen the law. EU officials are responding to the U.S. GENIUS Act and the dominance of dollar-backed stablecoins.
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