【Market Update】Europe tightens stablecoin regulations, launching the compliance countdown.
The European Securities and Markets Authority (ESMA) issued an opinion on Thursday requiring national regulators to check whether licensed crypto firms are offering EU users stablecoin services that do not comply with MiCA rules, including purchasing, trading, holding and adding funds. The review covers all types of business, including trading and custody.
Asset-referenced tokens (ARTs) and e-money tokens (EMTs) that fail to meet the requirements must be phased out by early January next year. The opinion did not name any specific tokens, but custody services are also included in the review.
(Source: CryptoPotato)
⚠️Risk Warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; please exercise caution.
#稳定币 #MiCA #EURegulation
The European Securities and Markets Authority (ESMA) issued an opinion on Thursday requiring national regulators to check whether licensed crypto firms are offering EU users stablecoin services that do not comply with MiCA rules, including purchasing, trading, holding and adding funds. The review covers all types of business, including trading and custody.
Asset-referenced tokens (ARTs) and e-money tokens (EMTs) that fail to meet the requirements must be phased out by early January next year. The opinion did not name any specific tokens, but custody services are also included in the review.
(Source: CryptoPotato)
⚠️Risk Warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; please exercise caution.
#稳定币 #MiCA #EURegulation