ESMA Sets Jan. 8 Deadline for Non-MiCA Stablecoin Exit
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ESMA gives EU crypto firms until Jan. 8, 2027, to end services involving stablecoins that fail MiCA requirements. The European Securities and Markets Authority (ESMA) has issued new guidance on non-MiCA-compliant stablecoins. The guidance urges national regulators to stop crypto firms from having exposure to related clients by Jan. 8, 2027. The measure applies to Crypto-Asset Service Providers (CASPs) that are regulated by the European Union’s Markets in Crypto-Assets Regulation. Firms will need to complete the necessary wind-down within 3 months, ESMA said.
Source: Live Bitcoin News
