EBA MiCA Fines Methodology: Enforcement Risk for Significant Token Issuers
Last updated: June 2026 MiCA defines maximum thresholds for administrative fines under Article 131, with ceilings dependent on issuer type. Until late June 2026, there was no published account of how the EBA would land on a figure inside that ceiling. The EBA has published a consultation on its approach to applying the MiCA fining…