Stablecoins (ART / EMT)
Interim Suspension
NCA power to temporarily suspend ART/EMT issuance or redemption where consumer-protection concerns arise.
Definition
Under MiCA, NCAs can temporarily suspend ART or EMT issuance, marketing, or redemption where there is reasonable suspicion of breach. Interim suspension is a precautionary supervisory tool; it does not require formal authorisation withdrawal.
Regulatory citation