Stablecoins (ART / EMT)
Credit Institution
A bank authorised under the CRR — can issue EMTs/ARTs via notification (Article 17) and provide CASP services via Article 60.
Definition
A credit institution is an undertaking authorised to take deposits and grant credit under the CRR. Credit institutions benefit from streamlined routes into crypto-asset business: Article 17 for EMT/ART issuance (notification only) and Article 60 for CASP services (notification only).
Regulatory citation
CRR Article 4(1)(1)