mica

AllUnity has introduced CHFAU, a Swiss franc-denominated stablecoin aimed at institutional players, marking another milestone in Europe’s regulated digital asset expansion under MiCA.

Key Takeaways
AllUnity launched CHFAU, a MiCA-compliant Swiss franc stablecoin.Backers include DWS, Flow Traders, and Galaxy Digital.The token operates under a BaFin EMI license with 100% CHF reserve backing.Access is currently limited to institutional and professional investors.CHFAU expands AllUnity’s regulated stablecoin portfolio following EURAU.
The token went live on February 26, 2026, and is backed by a consortium that includes DWS, Flow Traders, and Galaxy Digital. CHFAU is pegged 1:1 to the Swiss franc and structured to comply fully with the EU’s Markets in Crypto-Assets Regulation (MiCA), positioning it as a regulated settlement asset for cross-border financial activity inside the European Union.
Launch Focused on Institutional Use
Unlike many retail-oriented stablecoins that target everyday payments or DeFi users, CHFAU is initially restricted to institutional and professional investors through the AllUnity Mint Platform. The rollout reflects a deliberate strategy to prioritize corporates, asset managers, and trading firms seeking programmable liquidity without stepping outside the EU’s regulatory perimeter.
AllUnity says the token is designed to facilitate cross-border payments, real-time settlement, and treasury optimization. For multinational companies operating across euro and non-euro jurisdictions, a compliant CHF-denominated digital instrument offers an alternative to traditional correspondent banking channels, potentially reducing friction and settlement delays.
Built on Ethereum With Multi-Chain Plans
From a technical standpoint, CHFAU launches as an ERC-20 token on the Ethereum network. This ensures compatibility with existing custody infrastructure, smart contract frameworks, and institutional-grade digital asset platforms already operating within the Ethereum ecosystem.
By starting on Ethereum, AllUnity leverages deep liquidity, mature tooling, and broad integration across exchanges and custodians. The company has also confirmed that expansion to additional blockchain networks is planned later in 2026, a move that could improve interoperability and widen its addressable institutional base.
Regulatory Structure and Reserve Backing
CHFAU is issued under an E-Money Institution license granted by Germany’s financial regulator, BaFin, in July 2025. Operating within this framework means the stablecoin must adhere to strict requirements regarding capital adequacy, safeguarding of client funds, and transparency.
According to AllUnity, the token is fully backed by segregated Swiss franc reserves held at a 100% ratio. This structure is intended to minimize counterparty risk and align with the reserve standards mandated under MiCA, reinforcing its positioning as a compliance-first product for risk-conscious institutions.
Second Regulated Stablecoin in Portfolio
CHFAU represents the second regulated stablecoin from AllUnity, following the launch of EURAU, its euro-backed token introduced in July 2025. Together, the two products form the foundation of a broader strategy to build a suite of fully compliant European stablecoins tailored to institutional use cases.
While other Swiss franc-denominated tokens are already active in the market - including Frankencoin (ZCHF) and VNX Swiss Franc (VCHF) - AllUnity maintains that CHFAU distinguishes itself as the first CHF stablecoin designed to meet full MiCA requirements. This alignment could enhance its usability across EU-regulated financial entities that require strict legal clarity.
Currency Shifts Drive Institutional Demand
The launch follows a year marked by currency volatility and shifting reserve preferences. During 2025, the US dollar weakened significantly against major currencies such as the euro, reportedly losing around 20% of its value. That decline intensified conversations among European corporates about diversification away from exclusive reliance on dollar-based digital instruments.
By anchoring CHFAU to the Swiss franc - a currency traditionally associated with monetary stability - AllUnity appears to be responding directly to institutional demand for alternatives within a regulated European framework. As stablecoin markets mature under MiCA, products like CHFAU may signal a broader transition toward regionally diversified, compliance-driven digital settlement assets.
#MiCA

It’s Feb 24, 2026. The post-Denver hangover is real, and the Fear & Greed Index is stuck in the basement. But if you look past the red candles, a legendary "Bottom Signal" just flashed.
​1. The 2022 Ghost Signal
$USDT supply has shrunk by $3 Billion. The last time liquidity was this tight? The 2022 market bottom. We are in a "Demand Compression" phase. This isn't a time to panic; it's a time to watch for the spring to coil.

2. Vitalik Sells, Banks Buy
Yes, Vitalik moved $15M in $ETH . But on the same day, TRM Labs and Finray launched a banking bridge for MiCA compliance. While one founder rebalances, the entire European banking system is plugging into the Ethereum network. I’m watching the **$1,800** support level like a hawk.

3. The MiCA Revolution
The "Wild West" is ending. With MiCA in full force, the "VASP-to-CASP" transition is turning crypto into a regulated utility. This is the ultimate "Filter" that will kill the junk and pump the quality.

Is the $65,000 floor going to hold?
🛡️ Yes: Whales are absorbing the liquidity stress.
📉 No: We need a final "washout" to $60k.
🏦 I'm only buying MiCA-compliant alts.
💎 HODLing: See you in Q3.
#Bitcoin #Ethereum #MiCA

Crypto is here to stay, and regulators worldwide know it. The European Union set out to be one of the pioneers in providing regulatory clarity for this industry, and that is how the Markets in Crypto-Assets (MiCA) proposal was born in 2020. This act was designed to regulate crypto-activities across the European Union (EU), offering transparency, consumer protection, and legal certainty for businesses and users.
Today, MiCA is a full-fledged law, whose implementation was completed by the end of 2024. To sum it up a bit, we can say that it mostly applies to businesses with operations inside any of the 27 countries of the EU. They don’t even need to be headquartered there if they’re offering services to EU citizens anyway. There are some strict rules for certain operations with crypto, while others are almost ignored in the meantime. 
Let’s explore that quickly.

MiCA reach: Tokens & CASPs
MiCA applies to three main types of tokens: electronic money tokens (EMTs), asset-referenced tokens (ARTs), and other crypto assets, like utility tokens. EMTs are stablecoins backed by a single fiat currency, while ARTs stabilize value through multiple currencies or assets. Both token types, considered stablecoins, face stringent rules, including having a 1:1 reserve and obtaining authorization before being listed or offered. 
Algorithmic stablecoins, which lack explicit reserves and instead depend on mathematical formulas to stabilize their price, are banned under MiCA. At least, for crypto exchanges to deal with them. On the other hand, all token issuers (of stablecoins or any other token type) must publish whitepapers detailing their features and risks, ensuring transparency.

Crypto-Asset Service Providers (CASPs), such as exchanges, custodial wallet providers, and crypto-advising firms, are heavily impacted. They must register in an EU country, maintain at least one EU-based director, and adhere to strict anti-money laundering (AML) and consumer protection standards. CASPs serving over 15 million EU users face stricter oversight as “significant CASPs” (sCASPs). These measures aim to improve security, prevent market abuse, and build user trust —and require more capital from companies.
Stablecoins have drawn significant attention due to their potential impact on monetary sovereignty. MiCA restricts non-European stablecoin issuers from surpassing €200 million in daily transactions. To comply, issuers like Circle have secured EU licenses, while others, such as Tether, face challenges, prompting exchanges to delist their tokens for EU customers.
As MiCA’s implementation continues, its effects are becoming clearer. With stablecoin rules already in force since June 2024, the EU is setting a precedent for global crypto regulation.
Outside MiCA Reach
We can say this is a comprehensive law, but it doesn’t cover every aspect of the crypto world. Some crypto assets and activities fall outside its scope. For instance, non-fungible tokens (NFTs) are not automatically regulated under MiCA unless they resemble other crypto assets, such as utility tokens or financial instruments. NFTs issued in large series might be considered fungible and could require authorization, but unique, one-of-a-kind NFTs remain mostly unregulated. This flexibility allows creative and artistic projects to thrive without heavy restrictions.
Decentralized applications (Dapps), decentralized autonomous organizations (DAOs), and decentralized finance (DeFi) projects are also excluded if they don’t hold custody over their users' funds. Speaking of which, peer-to-peer (P2P) transactions and non-custodial wallets are largely excluded from direct oversight. MiCA doesn’t impose these rules on software providers or wallets that allow users to maintain full control of their private keys, like MetaMask or Obyte, or hardware wallets such as Ledger or Trezor​.

As we can see, this law mostly applies to intermediaries, who are required to comply with the Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) rules. In other words, companies that must identify their customers and offer reports to authorities, like any other bank. This is the main change, if there’s any, that crypto users in the EU would face with MiCA: identify themselves and their transactions when dealing with centralized crypto services (exchanges, funds, custodial wallets, etc.). But that’s not exactly unfamiliar at this point, in most parts of the world. 
In any case, EU citizens still can legally use decentralized crypto ecosystems, services and assets. For instance, Obyte is a fully decentralized crypto ecosystem with DAG-based structure, enabling P2P transactions without central authorities, and ensuring censorship resistance. Its native privacy coin, Blackbytes, is designed to never touch an exchange or identification process, offering a truly private alternative for those seeking it.

Featured Vector Image by vectorjuice / Freepik
Originally Published on Hackernoon

#MiCA #MiCARCompliance #Europe #CryptoRegulation #Obyte