FinanceMagnates
The European Securities and Markets Authority (ESMA)
has set strict deadlines for crypto firms to act against non-compliant
stablecoins under the new Markets in Crypto-Assets Regulation (MiCA). In an official statement, ESMA urged crypto asset
service providers (CASPs) to take urgent action by January 31 to restrict or
delist stablecoins that do not meet MiCA’s standards.The ESMA’s latest push has placed crypto service
providers under pressure as it stresses the need for swift alignment with MiCA…
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ESMA Sets Deadline for Crypto Firms to Align with MiCA Stablecoin Rules
The European Securities and Markets Authority (ESMA) has set strict deadlines for crypto firms to act against non-compliant stablecoins under the new Markets in Crypto-Assets Regulation (MiCA). In an official statement, ESMA urged crypto asset service providers (CASPs) to take urgent action by January 31 to restrict or delist stablecoins that do not meet MiCA’s