ESMA Says EU Crypto Providers Should Cease Services Involving Non-Compliant Stablecoins
ESMA says EU-licensed crypto-asset service providers should cease services involving stablecoins that do not meet MiCA requirements.
TL;DR: ESMA says EU-licensed crypto service providers should cease services involving stablecoins that do not meet MiCA requirements.A stablecoin does not need to be issued in Europe to create a European compliance problem. ESMA’s October 8 opinion tells authorised crypto-asset service providers to…