ESMA Sets 3-Month Deadline for Unauthorized Stablecoins
ESMA said firms must use technical and contractual controls and may offer only temporary exit services for existing holders.
6 Articles
6 Articles
ESMA Sets 3-Month Deadline for Crypto Firms to Exit Noncompliant Stablecoins
ESMA has set a clear compliance deadline for EU crypto firms tied to stablecoins that fall outside the EU’s Markets in Crypto-Assets (MiCA) framework. In an updated position issued this week, the European regulator told national authorities to require Markets in Crypto-Assets (MiCA)-authorized service providers to stop serving clients with non-MiCA-compliant asset-referenced tokens and e-money [...]
ESMA Stablecoin Opinion for MiCA Crypto Firms
The European Securities and Markets Authority has published an opinion expecting MiCA-authorised crypto firms to stop services tied to non-compliant stablecoins, with existing exposures cleared within three months of publication, which puts the limit at 8 January 2027. The post ESMA Expects MiCA-Authorised Crypto Firms to Stop Non-Compliant Stablecoin Services first appeared on LeapRate.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium










