EU to revise MiCA in 2027 to cover foreign stablecoin issuers

EU diplomats say Brussels is planning a revision of the MiCA crypto regulation in 2027 to extend its scope to non-EU stablecoin issuers and tokenized payments. The push is driven by the Trump administration's promotion of dollar-denominated stablecoins, which Brussels fears could dominate European markets. The reform aims to protect the EU financial system from outside crypto actors.