EU stablecoin regulation gives platforms 3 months to resolve unauthorized holdings

EU crypto platforms have until January 8, 2027 , to resolve customer holdings of unauthorized stablecoins under guidance issued on October 8 by the European Securities and Markets Authority (ESMA). The enforcement timetable for EU stablecoin regulation gives firms up to three months to wind down exposure, while they stop services that let customers acquire more affected tokens. Key takeaways ESMA sets a three-month limit for resolving unauthorized stablecoin holdings. USDT and PayPal USD lack MiCA authorization. Limited exit and safekeeping services remain permitted during the wind-down.

Source: The Cryptonomist