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How is my token classified under MiCA?
Walk through MiCA's 3-tier taxonomy β E-Money Token (EMT), Asset-Referenced Token (ART), or Other crypto-asset. The classification dictates which licence and obligations apply.
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Is your token pegged 1:1 to a single official fiat currency (EUR, USD, GBP, JPY, CHFβ¦) ?
π‘ EMT requires single-currency peg. RLUSD (USD), EURC, USDC, USDT all qualify. A token referencing multiple currencies or anything else is NOT an EMT.