🇪🇺 The European Union tightens oversight of stablecoins
ESMA has given crypto platforms licensed under MiCA until January 8, 2027, to address holdings of stablecoins that do not comply with European rules.
📌 The measures include preventing any increase in exposure to these assets, while allowing limited activities such as transfers and liquidation.
⚠️ The guidelines do not mention USDT by name, but Tether remains non-compliant with MiCA in the European Union.
#Crypto #USDT #MiCA #EU
ESMA has given crypto platforms licensed under MiCA until January 8, 2027, to address holdings of stablecoins that do not comply with European rules.
📌 The measures include preventing any increase in exposure to these assets, while allowing limited activities such as transfers and liquidation.
⚠️ The guidelines do not mention USDT by name, but Tether remains non-compliant with MiCA in the European Union.
#Crypto #USDT #MiCA #EU