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Glossary term · Regulation and tax

E-money token (EMT)

Under MiCA, a crypto asset that references one official currency and is issued by an authorised issuer; the regulatory category for euro and dollar stablecoins in the EU.

Term identifier term:e-money-token

Published

Definition from reference release method-v1.2.0

Often confused with

E-money token (EMT)

Under MiCA, a crypto asset that references one official currency and is issued by an authorised issuer; the regulatory category for euro and dollar stablecoins in the EU.

Asset-referenced token (ART)

Under MiCA, a crypto asset that references several currencies, commodities or other assets.

An EMT references one official currency. An ART references several currencies, commodities or other assets.

All glossary terms