Stablecoins (ART / EMT)
Capital Requirements Regulation (CRR)
EU regulation establishing prudential rules for credit institutions — including the CET1 definition MiCA references for own funds.
Definition
The CRR (Regulation (EU) No 575/2013) establishes prudential rules for credit institutions and investment firms in the EU. MiCA Article 67 references the CRR's CET1 definition for the quality standard of CASP own funds. CRR-authorised credit institutions can issue EMTs/ARTs via the Article 17 route.
Regulatory citation
Regulation (EU) No 575/2013