MiCA Significant Token Threshold Calculator

Tests whether an ART or EMT crosses the "significant" criteria under MiCA Articles 43 and 56, triggering mandatory EBA/ESMA dual oversight, enhanced capital requirements, and a liquidity contingency plan.

⚠ Thresholds reflect MiCA Art.43(1) as of December 2024. The Commission may adjust significance criteria via delegated regulation. Verify current thresholds with your NCA and legal counsel before relying on this output.

MiCA Art. 43 · 56 EBA/ESMA Oversight Zero PII Client-Side AP2 Export

Token Parameters — MiCA Art.43(1) Criteria

Token Type *

Number of Token Holders * Threshold: > 10 million holders triggers criterion

Daily Transaction Count * Threshold: > 1 million tx/day triggers criterion

Daily Transaction Value (EUR) * Threshold: > EUR 500M/day triggers criterion

Reserve Assets / Market Cap (EUR) * Threshold: > EUR 5 billion triggers criterion

Cross-Border Issuance Status

Interconnectedness Score (1–5) * Assesses relevance to financial system stability per Art.43(1)(g)

Number of Issuers of Same Token

Significance Determination

Article 43(1) Criteria — Per-Criterion Test

Criterion	Article	Your Value	Threshold	Result

Regulatory Consequences of Significant Status