# XCH MiCA Compliance

**URL:** <https://chiaforum.com/t/xch-mica-compliance/481>\
**Category:** General\
**Created:** [February 19, 2025, 2:22pm UTC](https://chiaforum.com/t/xch-mica-compliance/481 "2025-02-19T14:22:17Z")\
**Posts on this page:** 9\
**Page:** 1

<div class="post-metadata">

**Author:** ![Diego\_Pennino](https://avatars.discourse-cdn.com/v4/letter/d/e56c9b/32.png) [@Diego\_Pennino](https://chiaforum.com/u/Diego_Pennino)\
**Post date:** [February 19, 2025, 2:22pm UTC](https://chiaforum.com/t/xch-mica-compliance/481/1 "2025-02-19T14:22:17Z")

</div>

Does Chia Network intend to register XCH as a utility token for the EU market?

---

<div class="post-metadata">

**Author:** ![acevail](https://yyz1.discourse-cdn.com/flex031/user_avatar/chiaforum.com/acevail/32/126_2.png) [@acevail](https://chiaforum.com/u/acevail)\
**Post date:** [February 20, 2025, 10:36am UTC](https://chiaforum.com/t/xch-mica-compliance/481/2 "2025-02-20T10:36:10Z")

</div>

XCH is not issued by Chia Network Inc, but by the chia blockchain network.  
Those layer 1 network tokens don’t fall under MiCAR, as far as I know.

---

<div class="post-metadata">

**Author:** ![hoffmang](https://yyz1.discourse-cdn.com/flex031/user_avatar/chiaforum.com/hoffmang/32/17_2.png) [@hoffmang](https://chiaforum.com/u/hoffmang)\
**Post date:** [February 20, 2025, 8:39pm UTC](https://chiaforum.com/t/xch-mica-compliance/481/3 "2025-02-20T20:39:25Z")

</div>

Correct - MICA doesn’t bring utility/network coins into its realm so far.

---

<div class="post-metadata">

**Author:** ![acevail](https://yyz1.discourse-cdn.com/flex031/user_avatar/chiaforum.com/acevail/32/126_2.png) [@acevail](https://chiaforum.com/u/acevail)\
**Post date:** [February 21, 2025, 9:06pm UTC](https://chiaforum.com/t/xch-mica-compliance/481/4 "2025-02-21T21:06:27Z")

</div>

Utility coins are in fact regulated, but the requirements are way more related than with the other token types (you need a whitepaper and then follow it, in essence)

---

<div class="post-metadata">

**Author:** ![hoffmang](https://yyz1.discourse-cdn.com/flex031/user_avatar/chiaforum.com/hoffmang/32/17_2.png) [@hoffmang](https://chiaforum.com/u/hoffmang)\
**Post date:** [February 22, 2025, 4:51pm UTC](https://chiaforum.com/t/xch-mica-compliance/481/5 "2025-02-22T16:51:08Z")

</div>

My read of Chapter II is that XCH is exempt because no “offer” is being made and all three exceptions in 3 (a), (b), and (c) all apply when only one would suffice.

For reference [Title II Crypto-Assets, other than asset-referenced tokens or e-money tokens – MiCA Papers](https://micapapers.com/rules/micar/title-2/)

---

<div class="post-metadata">

**Author:** ![acevail](https://yyz1.discourse-cdn.com/flex031/user_avatar/chiaforum.com/acevail/32/126_2.png) [@acevail](https://chiaforum.com/u/acevail)\
**Post date:** [February 22, 2025, 5:06pm UTC](https://chiaforum.com/t/xch-mica-compliance/481/6 "2025-02-22T17:06:46Z")

</div>

Yes, I agree, XCH is most likely not considered a utility token under MiCAR.

---

<div class="post-metadata">

**Author:** ![hoffmang](https://yyz1.discourse-cdn.com/flex031/user_avatar/chiaforum.com/hoffmang/32/17_2.png) [@hoffmang](https://chiaforum.com/u/hoffmang)\
**Post date:** [February 22, 2025, 5:37pm UTC](https://chiaforum.com/t/xch-mica-compliance/481/7 "2025-02-22T17:37:34Z")

</div>

Ah, I see. The vocabulary around token names in the US currently conflicts with that in Europe so I accidentally misnamed XCH under MICA.

---

<div class="post-metadata">

**Author:** ![kjd](https://avatars.discourse-cdn.com/v4/letter/k/edb3f5/32.png) [@kjd](https://chiaforum.com/u/kjd)\
**Post date:** [February 22, 2025, 6:14pm UTC](https://chiaforum.com/t/xch-mica-compliance/481/8 "2025-02-22T18:14:11Z")

</div>

For XCH to be traded on a CEX for its EU customers, it’d still require to comply to the MiCA framework.

Don’t be surprised by what will come to be compliant in the EU. Could be the EU market isn’t important for CNI, but I heard, many countries are considering to adopt MiCA.

---

<div class="post-metadata">

**Author:** ![hoffmang](https://yyz1.discourse-cdn.com/flex031/user_avatar/chiaforum.com/hoffmang/32/17_2.png) [@hoffmang](https://chiaforum.com/u/hoffmang)\
**Post date:** [February 22, 2025, 7:22pm UTC](https://chiaforum.com/t/xch-mica-compliance/481/9 "2025-02-22T19:22:58Z")

</div>

It is compliant as explained above
