{"id":15946,"date":"2026-07-24T05:42:22","date_gmt":"2026-07-24T05:42:22","guid":{"rendered":"https:\/\/legalbison.com\/blog\/emt-vs-art-mica-difference\/"},"modified":"2026-07-24T05:42:22","modified_gmt":"2026-07-24T05:42:22","slug":"emt-vs-art-mica-difference","status":"publish","type":"post","link":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/","title":{"rendered":"What&#8217;s the Difference Between EMT vs. ART in MiCA?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">When I reached the chapter about stablecoins, while lecturing business school students on blockchain and cryptocurrency, I didn\u2019t expect anyone to raise the topic of how MiCA classifies them. And I was right: nobody mentioned Electronic Money Tokens (EMT) nor Asset-Referenced Tokens (ART).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Working among experts makes us forget about the complex language we tend to use. I am certain that the EU lawmakers behind the <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/legalbison.com\/en-kr\/mica-regulation\/\">MiCA regulation<\/a><\/span> are the same.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But as my students concluded correctly that crypto and stablecoins were actually pretty simple, I am confident that they could immediately grasp the difference between EMTs and ARTs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">I will give it to you in the simplest, shortest way:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An Electronic Money Tokens (EMT) is backed by a single official currency;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An Asset-Referenced Tokens (ART) is backed by one or more assets, not necessarily official currencies.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">That\u2019s all there is to it. If you have a finance background, you will immediately feel the parallel with financial products such as an ETF or an Index Fund for ARTs. EMTs are textbook stablecoins.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is the difference in definition. Now, let\u2019s talk about the regulatory aspects and their implications.<\/span><\/p>\n<p><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/legalbison.com\/en-kr\/blog\/mica-substance-requirements-casp-eu-office-not-enough\/\">Study: \u201cWe Have an EU Office\u201d Is Not Enough: Here\u2019s What MiCA Regulators Actually Want to See<\/a><\/span><\/p>\n<p style=\"text-align: center;\"><button class=\"whitespace-nowrap btn btn--small btn--blue\" type=\"button\" data-fancybox=\"\" data-src=\"#contact-form\">I Need Crypto License Advice<\/button><\/p>\n<h2><span style=\"font-weight: 400;\">Definition and mechanism<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">MiCA\u2019s Article 3 legally defines Electronic Money Tokens (EMT) and Asset-Referenced Tokens (ART) as such:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EMT references a single official currency;\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">ART references another value or right, or a combination thereof, including one or more official currencies.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This is straightforward. Note: an EMT has to rely on a single official currency, one and no more. If we talk about a basket of currencies, the ART classification applies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What also differentiates them is how they are regulated, the conditions to fulfill to issue one or the other.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">EMT issuers must be authorized as either a credit institution or an electronic money institution and comply with MiCA\u2019s reserve, redemption, and disclosure requirements. Significant EMTs (those exceeding defined user or transaction thresholds) fall directly under the supervision of the European Banking Authority (EBA).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ART issuers require an authorization from the National Competent Authority (NCA) and must meet stricter reserve and governance standards than EMT issuers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not a single ART issuer has been authorized under MiCA at least when this article is in the writing, reflecting both the limited demand and the stringency of the requirements. <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/legalbison.com\/en-kr\/blog\/mica-esma-register-study-february-2026\/\">We wrote a study touching on that topic.<\/a><\/span><\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Trigger: When to ask the question of \u201cART or EMT?\u201d<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Issuing an EMT or ART in the European Union requires authorization under the <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/legalbison.com\/en-kr\/mica-license\/\">MiCA framework<\/a><\/span>. Offering it to the public before authorization is strictly prohibited.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For a project willing to issue a stablecoin in Europe, determining its classification and acknowledging the requirements are then mandatory steps before public offering.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Once the classification is clear, everything falls in line. And the classification is obvious for the majority of the projects. In certain cases, a legal opinion may be preferable before taking any action.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Take for example a token whose value derives from BTC. Though officially a currency, as it is registered as such in a few countries, BTC isn\u2019t considered an official currency in the EU. There is a matter for debate.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Or say for example that a token derives its value from a combination of Euro (EUR) and Danish Crowns (DKK). The Danish currency is pegged to the Euro, meaning that both assets\u2019 value are close to invariable. Since this token refers to two different values, it would be considered as an ART. But as it refers to two intertwined currencies, NCAs could have a say on the matter.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Finally, we mentioned that \u201csignificant\u201d tokens can fall under the direct supervision of the EBA. For this event to trigger, three of the following criteria must be true:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>User Base<\/b><span style=\"font-weight: 400;\">: The number of holders of the token is larger than 10 million;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Market Value\/Reserve Size<\/b><span style=\"font-weight: 400;\">: The value of the token issued, its market capitalization, or the size of the issuer&#8217;s reserve of assets is higher than EUR 5,000,000,000;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Transaction Volume<\/b><span style=\"font-weight: 400;\">: The average number and average aggregate value of daily transactions are higher than 2.5 million transactions and EUR 500,000,000, respectively;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Gatekeeper Status<\/b><span style=\"font-weight: 400;\">: The issuer of the token is designated as a &#8220;gatekeeper&#8221; (a provider of core platform services) in accordance with Regulation (EU) 2022\/1925;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>International Scale<\/b><span style=\"font-weight: 400;\">: The activities of the issuer have significance on an international scale, which includes the use of the token for payments and remittances;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Financial Interconnectedness<\/b><span style=\"font-weight: 400;\">: The token or its issuer is highly interconnected with the traditional financial system;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Multiple Tokens and Services<\/b><span style=\"font-weight: 400;\">: The same issuer issues at least one additional ART or EMT, and also provides at least one crypto-asset service.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/legalbison.com\/en-kr\/blog\/mica-licensing-offshore-structures-study\/\">Study: Offshore Corporate Structures with MiCA Licensing &#8211; What (Almost) Nobody Thought Possible<\/a><\/span><\/p>\n<p style=\"text-align: center;\"><button class=\"whitespace-nowrap btn btn--small btn--blue\" type=\"button\" data-fancybox=\"\" data-src=\"#contact-form\">Claim Free Consultation for Crypto Set-up<\/button><\/p>\n<h2><span style=\"font-weight: 400;\">Implication: Two completely different roadmaps<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Depending on the classification of your token, the roadmap to issuance is going to be drastically different.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Once again, proper assessment is vital. A legal opinion is recommended for EMTs and mandatory for ARTs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the project qualifies as an EMT, the most notable point is the requirement to register as a credit institution or an electronic money institution, in addition to a token issuer. In Europe, such authorization can take close to a year, meaning proper anticipation is important.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another important specificity of EMTs is that holders have a direct claim at par value, at any time. This implies, among other things, that the token issuer must have a 1:1 reserve for solvability in case of a \u201cbank run\u201d event.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the case of ARTs, efforts must focus on proper documentation of the underlying assets of the token and its mechanisms (if any). This implies documenting extensively on reserve composition and custody.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In both cases, authorization requires the <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/legalbison.com\/en-kr\/blog\/mica-white-paper-requirements\/\">submission of a whitepaper<\/a><\/span>, compliant with the regulation. For EMTs, as the issuer must be a credit institution or electronic money institution, notification to the NCA is required only. In the case of ARTs, it\u2019s a complete approval process.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The whitepaper has different requirements for ARTs (set in Annex II of MiCA) and EMTs (set in Annex III of MiCA).<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Resolution<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">I hope the distinction is now clear for all our readers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Founders and legal teams should first and foremost ask themselves if they have understood the implications of going for one or the other type of crypto-asset. In case of doubts, a legal opinion is the next step you\u2019re looking for.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A classification-first approach, in practice, means:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Compliance is built into the product design, not retrofitted <\/span><i><span style=\"font-weight: 400;\">a posteriori<\/span><\/i><span style=\"font-weight: 400;\">;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The team understands what the regulator expects and is looking at;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mapping the token&#8217;s reference structure (substance over form).<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Our consultants are here to guide you through the process, whichever stage you are in right now.<\/span><\/p>\n<p style=\"text-align: center;\"><button class=\"whitespace-nowrap btn btn--small btn--blue\" type=\"button\" data-fancybox=\"\" data-src=\"#contact-form\">Speak to LegalBison Crypto License Specialist<\/button><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For stablecoin issuers, EMT and ART are legally distinct under MiCA. We unpack the reserve logic, redemption rights, and compliance traps so you don&#8217;t get the classification wrong.<\/p>\n","protected":false},"author":1,"featured_media":15853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[94],"tags":[151,229,153,187],"class_list":["post-15946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-crypto","tag-digital-asset-en-id","tag-guide","tag-mica-en-id"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What&#039;s the Difference Between EMT vs. ART in MiCA? - LegalBison<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What&#039;s the Difference Between EMT vs. ART in MiCA? - LegalBison\" \/>\n<meta property=\"og:description\" content=\"For stablecoin issuers, EMT and ART are legally distinct under MiCA. We unpack the reserve logic, redemption rights, and compliance traps so you don&#039;t get the classification wrong.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/\" \/>\n<meta property=\"og:site_name\" content=\"LegalBison\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-24T05:42:22+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/legalbison.com\/en-kr\/#\/schema\/person\/a303ad14fd82d637e0ae84306e4f09c7\"},\"headline\":\"What&#8217;s the Difference Between EMT vs. ART in MiCA?\",\"datePublished\":\"2026-07-24T05:42:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/\"},\"wordCount\":1147,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/legalbison.com\/en-kr\/#organization\"},\"image\":{\"@id\":\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/legalbison.com\/wp-content\/uploads\/2026\/07\/Whats-the-Difference-Between-EMT-vs.-ART-in-MiCA.png\",\"keywords\":[\"Crypto\",\"Digital Asset\",\"Guide\",\"MiCA\"],\"articleSection\":[\"Blog (EN-KR)\"],\"inLanguage\":\"en-KR\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/\",\"url\":\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/\",\"name\":\"What's the Difference Between EMT vs. ART in MiCA? - LegalBison\",\"isPartOf\":{\"@id\":\"https:\/\/legalbison.com\/en-kr\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/legalbison.com\/wp-content\/uploads\/2026\/07\/Whats-the-Difference-Between-EMT-vs.-ART-in-MiCA.png\",\"datePublished\":\"2026-07-24T05:42:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#breadcrumb\"},\"inLanguage\":\"en-KR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-KR\",\"@id\":\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#primaryimage\",\"url\":\"https:\/\/legalbison.com\/wp-content\/uploads\/2026\/07\/Whats-the-Difference-Between-EMT-vs.-ART-in-MiCA.png\",\"contentUrl\":\"https:\/\/legalbison.com\/wp-content\/uploads\/2026\/07\/Whats-the-Difference-Between-EMT-vs.-ART-in-MiCA.png\",\"width\":1920,\"height\":1080,\"caption\":\"What's the Difference Between EMT vs. ART in MiCA\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/legalbison.com\/en-kr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What&#8217;s the Difference Between EMT vs. ART in MiCA?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/legalbison.com\/en-kr\/#website\",\"url\":\"https:\/\/legalbison.com\/en-kr\/\",\"name\":\"Legalbison\",\"description\":\"Legal Services - Company Registration, Crypto Licenses\",\"publisher\":{\"@id\":\"https:\/\/legalbison.com\/en-kr\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/legalbison.com\/en-kr\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-KR\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/legalbison.com\/en-kr\/#organization\",\"name\":\"LegalBison\",\"url\":\"https:\/\/legalbison.com\/en-kr\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-KR\",\"@id\":\"https:\/\/legalbison.com\/en-kr\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/legalbison.com\/wp-content\/uploads\/2024\/04\/LegalBison_logo_with_white_background.png\",\"contentUrl\":\"https:\/\/legalbison.com\/wp-content\/uploads\/2024\/04\/LegalBison_logo_with_white_background.png\",\"width\":884,\"height\":884,\"caption\":\"LegalBison\"},\"image\":{\"@id\":\"https:\/\/legalbison.com\/en-kr\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/linkedin.com\/company\/legalbison\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/legalbison.com\/en-kr\/#\/schema\/person\/a303ad14fd82d637e0ae84306e4f09c7\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-KR\",\"@id\":\"https:\/\/legalbison.com\/en-kr\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/69ce983623dc41ca11ef594632308627d53a112a4abe24c004e1c2e6ed526b82?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/69ce983623dc41ca11ef594632308627d53a112a4abe24c004e1c2e6ed526b82?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/localhost\"],\"url\":\"https:\/\/legalbison.com\/en-kr\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What's the Difference Between EMT vs. ART in MiCA? - LegalBison","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/","og_locale":"en_US","og_type":"article","og_title":"What's the Difference Between EMT vs. ART in MiCA? - LegalBison","og_description":"For stablecoin issuers, EMT and ART are legally distinct under MiCA. We unpack the reserve logic, redemption rights, and compliance traps so you don't get the classification wrong.","og_url":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/","og_site_name":"LegalBison","article_published_time":"2026-07-24T05:42:22+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#article","isPartOf":{"@id":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/"},"author":{"name":"admin","@id":"https:\/\/legalbison.com\/en-kr\/#\/schema\/person\/a303ad14fd82d637e0ae84306e4f09c7"},"headline":"What&#8217;s the Difference Between EMT vs. ART in MiCA?","datePublished":"2026-07-24T05:42:22+00:00","mainEntityOfPage":{"@id":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/"},"wordCount":1147,"commentCount":0,"publisher":{"@id":"https:\/\/legalbison.com\/en-kr\/#organization"},"image":{"@id":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#primaryimage"},"thumbnailUrl":"https:\/\/legalbison.com\/wp-content\/uploads\/2026\/07\/Whats-the-Difference-Between-EMT-vs.-ART-in-MiCA.png","keywords":["Crypto","Digital Asset","Guide","MiCA"],"articleSection":["Blog (EN-KR)"],"inLanguage":"en-KR","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/","url":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/","name":"What's the Difference Between EMT vs. ART in MiCA? - LegalBison","isPartOf":{"@id":"https:\/\/legalbison.com\/en-kr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#primaryimage"},"image":{"@id":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#primaryimage"},"thumbnailUrl":"https:\/\/legalbison.com\/wp-content\/uploads\/2026\/07\/Whats-the-Difference-Between-EMT-vs.-ART-in-MiCA.png","datePublished":"2026-07-24T05:42:22+00:00","breadcrumb":{"@id":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#breadcrumb"},"inLanguage":"en-KR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/"]}]},{"@type":"ImageObject","inLanguage":"en-KR","@id":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#primaryimage","url":"https:\/\/legalbison.com\/wp-content\/uploads\/2026\/07\/Whats-the-Difference-Between-EMT-vs.-ART-in-MiCA.png","contentUrl":"https:\/\/legalbison.com\/wp-content\/uploads\/2026\/07\/Whats-the-Difference-Between-EMT-vs.-ART-in-MiCA.png","width":1920,"height":1080,"caption":"What's the Difference Between EMT vs. ART in MiCA"},{"@type":"BreadcrumbList","@id":"https:\/\/legalbison.com\/en-kr\/blog\/emt-vs-art-mica-difference\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/legalbison.com\/en-kr\/"},{"@type":"ListItem","position":2,"name":"What&#8217;s the Difference Between EMT vs. ART in MiCA?"}]},{"@type":"WebSite","@id":"https:\/\/legalbison.com\/en-kr\/#website","url":"https:\/\/legalbison.com\/en-kr\/","name":"Legalbison","description":"Legal Services - Company Registration, Crypto Licenses","publisher":{"@id":"https:\/\/legalbison.com\/en-kr\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/legalbison.com\/en-kr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-KR"},{"@type":"Organization","@id":"https:\/\/legalbison.com\/en-kr\/#organization","name":"LegalBison","url":"https:\/\/legalbison.com\/en-kr\/","logo":{"@type":"ImageObject","inLanguage":"en-KR","@id":"https:\/\/legalbison.com\/en-kr\/#\/schema\/logo\/image\/","url":"https:\/\/legalbison.com\/wp-content\/uploads\/2024\/04\/LegalBison_logo_with_white_background.png","contentUrl":"https:\/\/legalbison.com\/wp-content\/uploads\/2024\/04\/LegalBison_logo_with_white_background.png","width":884,"height":884,"caption":"LegalBison"},"image":{"@id":"https:\/\/legalbison.com\/en-kr\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/linkedin.com\/company\/legalbison"]},{"@type":"Person","@id":"https:\/\/legalbison.com\/en-kr\/#\/schema\/person\/a303ad14fd82d637e0ae84306e4f09c7","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-KR","@id":"https:\/\/legalbison.com\/en-kr\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/69ce983623dc41ca11ef594632308627d53a112a4abe24c004e1c2e6ed526b82?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/69ce983623dc41ca11ef594632308627d53a112a4abe24c004e1c2e6ed526b82?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/localhost"],"url":"https:\/\/legalbison.com\/en-kr\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/legalbison.com\/en-kr\/wp-json\/wp\/v2\/posts\/15946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/legalbison.com\/en-kr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalbison.com\/en-kr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalbison.com\/en-kr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/legalbison.com\/en-kr\/wp-json\/wp\/v2\/comments?post=15946"}],"version-history":[{"count":0,"href":"https:\/\/legalbison.com\/en-kr\/wp-json\/wp\/v2\/posts\/15946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/legalbison.com\/en-kr\/wp-json\/wp\/v2\/media\/15853"}],"wp:attachment":[{"href":"https:\/\/legalbison.com\/en-kr\/wp-json\/wp\/v2\/media?parent=15946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalbison.com\/en-kr\/wp-json\/wp\/v2\/categories?post=15946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalbison.com\/en-kr\/wp-json\/wp\/v2\/tags?post=15946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}