ESMA gives EU crypto firms three months to exit non-compliant stablecoins
ESMA urged EU crypto firms to stop providing services involving stablecoins that are not compliant with the MiCA framework, setting a three-month deadline to address existing exposures.
The European Securities and Markets Authority (ESMA) has told EU crypto firms to cease services involving stablecoins that are not compliant with the Markets in Crypto-Assets Regulation (MiCA) framework, and has set a three-month deadline to deal with existing exposures. On Thursday, ESMA said na…