EUEBA · Guidelines
Final guidelines on redemption plans for issuers of e-money tokens under MiCA. (Format sample.)
Matters for: Stablecoin issuers and businesses holding EMTs in treasury.
Published: 2 Oct 2026Primary source
Latest issue · No. 02 · 20 Oct 2026
[Issue 02 headline: one idea about the market.] (Format sample)
[One-sentence lead that states the idea of the issue.]
Read issue 02- Main topic
- One idea
- Regulatory Radar
- 3–5 items
- Market Signals
- 2–3 signals
- Number of the Issue
- With source
Primary sources only
Regulatory Radar
EUESMA · Technical standard
[What changed, one or two sentences taken from the primary source.]
Matters for: [Who this matters for].
USFinCEN · Guidance
[What changed, one or two sentences taken from the primary source.]
Matters for: [Who this matters for].
Published: 18 Sept 2026Primary source
UKFCA · Consultation
[What changed, one or two sentences taken from the primary source.]
Matters for: [Who this matters for].
Published: 11 Sept 2026Primary source
SpainBanco de España · Circular
[What changed, one or two sentences taken from the primary source.]
Matters for: [Who this matters for].
What XYrails believes
Four beliefs behind every issue
01
The primitives are a commodity.
Moving money on-chain is solved. What matters is everything around it: accounting, regulation, partners.
02
The boring layer is the valuable one.
Reconciliation, compliance, tax and accounting are where the real work and the real money are.
03
Infrastructure wins when it disappears.
Adoption comes when the technology vanishes from the interface, not when someone explains it.
04
Regulation decides what can be built.
Licences and compliance methods decide which products reach the market. Whoever tracks the changes sees the market a step earlier.
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