According to Foresight News, the European Banking Authority (EBA) has released the final draft of technical standards for prudential matters that companies must adhere to under the Markets in Crypto Assets (MiCA) regulation. The EBA's regulatory products include standards for developing stress test plans. They also provide detailed explanations of the liquidity requirements for reserve assets and the recovery plans that issuers need to formulate. The EBA's move is a significant step in the regulation of the crypto asset market, providing clear guidelines for companies operating in this space. The stress test plans and liquidity requirements are designed to ensure the stability of the market and protect investors. The recovery plans, on the other hand, are intended to help companies recover from potential market downturns, further enhancing the security of the crypto asset market.