ESMA Sets Deadline for EU Crypto Firms to Exit Non-MiCA-Compliant Stablecoins
Photo: TheNewsCrypto
The European Securities and Markets Authority (ESMA) has called on national regulators to ensure that crypto-asset service providers (CASPs) stop offering services tied to stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA). In addition, the firms must address remaining client exposures as soon as possible and no later than January 8, 2027, giving the market roughly three months to complete the transition. The guidance covers the full range of crypto services regulated under MiCA , including trading platforms, exchanges, order execution, transfers, custody, investment advice and portfolio management.
Source: TheNewsCrypto
