Plasma

Global Stablecoin Regulation

Czechia

Czechia

by
Plasma
Plasma
Last Updated: May 20, 2026
Czechia applies the EU MiCA framework to stablecoins. MiCA classifies them as asset-referenced tokens (ARTs) and e-money tokens (EMTs). CNB is the national competent authority for all MiCA titles, licensing and supervising CASPs and overseeing ART/EMT matters. The Digital Finance Act (Act No. 31/2025 Coll.) took effect 15 Feb 2025, operationalising MiCA nationally. ART/EMT rules have applied EU-wide since 30 Jun 2024, with the rest of MiCA since 30 Dec 2024; Czechia opted for an 18-month transitional period for existing CASPs to 1 Jul 2026. MiCA sets reserve, disclosure, governance and redemption duties (EMTs: par-value in funds; ARTs: segregated reserve and market-value redemption). EBA takes over for significant ART/EMT issuers.

ESMA — List of MiCA competent authorities

CNB — “Zákon o digitalizaci finančního trhu” takes effect

+ 3
Legal Status

Legal

Regularity Clarity
5/5
Regime Status

In-Force

Allowed Types

Fiat Referenced

Asset Referenced

Classification

E-Money

Crypto Asset

Stablecoins in Czechia are governed by the EU MiCA regime and fall into two categories: e-money tokens (EMTs), which reference a single official currency and must be redeemable at par in funds by issuers that are credit or e-money institutions; and asset-referenced tokens (ARTs), which reference another value or a basket and require MiCA authorisation with reserve/custody and disclosure duties (as detailed in EBA measures). CNB is the national competent authority for all MiCA titles.

Regulatory Authorities

Czech National Bank (ČNB)

Czechia’s MiCA national competent authority for all titles. Licenses and supervises CASPs and oversees ART/EMT matters; coordinates with EU bodies and maintains the national MiCA registers.

Financial Analytical Unit (FAÚ)

Czech Republic’s financial intelligence unit (FIU). Enforces AML/CFT obligations for obliged entities (incl. CASPs), receives and analyses suspicious-transaction reports, and cooperates with ČNB and foreign FIUs.

Top Issuers

SGForge (EURCV, USDCV)

SGForge (EURCV, USDCV)

Monerium (EURe)

Monerium (EURe)

AllUnity (EURAU)

AllUnity (EURAU)

Circle (USDC, EURC)

Circle (USDC, EURC)

Paxos (USDG, USDP, PYUSD)

Paxos (USDG, USDP, PYUSD)

Consumer Protection

Reserve Requirements

ARTs: keep a segregated reserve with qualified custodians and invest only in highly liquid/low-risk instruments as set by EBA RTS. EMTs: safeguard funds received and invest them securely in the same currency in a separate account at a credit institution. Supervision in Czechia: ČNB (national); EBA for significant tokens

Auditing

Issuers must arrange an independent audit of the reserve every six months and notify/publish results; ART issuers also publish monthly figures on tokens in circulation and reserve value/composition.

Redemption Rights

EMTs: redeemable at any time and at par value, in funds. ARTs: permanent right to redeem for market value in funds or via delivery of referenced assets, per MiCA.

Recent Developments

Remittance Race

Remittance Race

Find the cheapest and fastest way to send money abroad, comparing traditional methods alongside stablecoin options like Plasma.