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📰 EU Orders Crypto Firms to Drop Non-MiCA Stablecoins The European Securities and Markets Authority (ESMA) on October 8 requested national supervisory authorities to ensure that crypto firms authorized under MiCA cease providing services related to stablecoins that do The post EU Orders Crypto Firms to Drop Non-MiCA Stablecoins appeared first on NFT Evening. Source : Nft Evening Time : 2026-10-11 03:20:06 Credit : nftevening #news #mica #stablecoin $ONE $SNT $USDC
📰 EU Orders Crypto Firms to Drop Non-MiCA Stablecoins
The European Securities and Markets Authority (ESMA) on October 8 requested national supervisory authorities to ensure that crypto firms authorized under MiCA cease providing services related to stablecoins that do The post EU Orders Crypto Firms to Drop Non-MiCA Stablecoins appeared first on NFT Evening.
Source : Nft Evening
Time : 2026-10-11 03:20:06
Credit : nftevening
#news #mica #stablecoin
$ONE $SNT $USDC
ESMA (Oct 8): EU crypto firms — exit non-MiCA stablecoins by ~Jan 8, 2027 What happened (plain words): • ESMA, the EU markets watchdog, published an opinion on services involving stablecoins that do not meet MiCA rules • MiCA-authorised platforms should stop offering EU clients services tied to those non-compliant tokens • Where leftover balances still exist, national regulators should require remediation ASAP, and no later than ~3 months after the opinion → about Jan 8, 2027 • Wind-down window ≠ open shopping: limited exit paths may be allowed (sell/convert/withdraw/transfer/safekeep) — not new buys or promotion Mechanism: A “stablecoin” aims to track a fiat currency (often the dollar). MiCA sets issuer safeguards. Tokens outside that framework = “non-MiCA-compliant.” ESMA’s view: servicing them for EU clients clashes with providers’ duty to act in clients’ best interests. This is EU-platform access — not a worldwide ban on owning a token. Why it matters for Aïcha in Niamey: She sometimes receives family remittances in a dollar-pegged stablecoin, then cash out locally. If her corridor uses an EU-regulated venue, pairs and deposit rails can disappear on a supervisor’s timetable — even while the same token still trades elsewhere. Remittance planning ≠ “crypto price news.” Nuance: ESMA named no issuer in the opinion. National supervisors decide residual services. Deadline is an outside limit, not a guarantee every exit button stays on until that day. If you move money with a stablecoin through an EU-regulated app — would a Jan 2027 wind-down change your corridor, or do you already use a local off-ramp? 👇 Not financial advice. Not a forecast. DYOR. Sources: ESMA (opinion + press, 8 Oct 2026). #Bitcoin #Crypto #Stablecoins #MiCA
ESMA (Oct 8): EU crypto firms — exit non-MiCA stablecoins by ~Jan 8, 2027

What happened (plain words):
• ESMA, the EU markets watchdog, published an opinion on services involving stablecoins that do not meet MiCA rules
• MiCA-authorised platforms should stop offering EU clients services tied to those non-compliant tokens
• Where leftover balances still exist, national regulators should require remediation ASAP, and no later than ~3 months after the opinion → about Jan 8, 2027
• Wind-down window ≠ open shopping: limited exit paths may be allowed (sell/convert/withdraw/transfer/safekeep) — not new buys or promotion

Mechanism:
A “stablecoin” aims to track a fiat currency (often the dollar). MiCA sets issuer safeguards. Tokens outside that framework = “non-MiCA-compliant.” ESMA’s view: servicing them for EU clients clashes with providers’ duty to act in clients’ best interests. This is EU-platform access — not a worldwide ban on owning a token.

Why it matters for Aïcha in Niamey:
She sometimes receives family remittances in a dollar-pegged stablecoin, then cash out locally. If her corridor uses an EU-regulated venue, pairs and deposit rails can disappear on a supervisor’s timetable — even while the same token still trades elsewhere. Remittance planning ≠ “crypto price news.”

Nuance: ESMA named no issuer in the opinion. National supervisors decide residual services. Deadline is an outside limit, not a guarantee every exit button stays on until that day.

If you move money with a stablecoin through an EU-regulated app — would a Jan 2027 wind-down change your corridor, or do you already use a local off-ramp? 👇

Not financial advice. Not a forecast. DYOR. Sources: ESMA (opinion + press, 8 Oct 2026).

#Bitcoin #Crypto #Stablecoins #MiCA
See translation
欧盟拟收紧加密监管,大型加密公司监管权或收归中央。 欧盟理事会10月9日达成政治协议,拟将欧盟最大的加密资产服务提供商交由欧洲证券与市场管理局(ESMA)直接监管,堵住MiCA框架下的监管漏洞:企业只需在一个成员国获得牌照即可服务全部27个成员国客户,却仅由母国监管。不过最终方案比欧委会最初提议大幅收窄,约360家持牌机构中预计只有10至15家纳入中央监管。该协议目前仅为理事会谈判立场,还需与欧洲议会继续谈判后才能落地。(来源:X) ⚠️风险提示:以上为市场信息分享,不构成投资建议;投资有风险,入市需谨慎。 #加密监管 #MiCA #欧盟
欧盟拟收紧加密监管,大型加密公司监管权或收归中央。

欧盟理事会10月9日达成政治协议,拟将欧盟最大的加密资产服务提供商交由欧洲证券与市场管理局(ESMA)直接监管,堵住MiCA框架下的监管漏洞:企业只需在一个成员国获得牌照即可服务全部27个成员国客户,却仅由母国监管。不过最终方案比欧委会最初提议大幅收窄,约360家持牌机构中预计只有10至15家纳入中央监管。该协议目前仅为理事会谈判立场,还需与欧洲议会继续谈判后才能落地。(来源:X)

⚠️风险提示:以上为市场信息分享,不构成投资建议;投资有风险,入市需谨慎。

#加密监管 #MiCA #欧盟
The EU has its sights set on MiCA’s “one license, 27-country operations” loophole. On October 9, the Council of the European Union reached a political agreement to give the European Securities and Markets Authority (ESMA) direct supervisory authority over the bloc’s largest crypto-asset service providers, advancing the centralised oversight shift agreed upon by national finance ministers. This is part of the EU’s broader package of measures to integrate financial markets, and aims to close a loophole in MiCA’s existing licensing “passport” system, under which a company currently needs a license in just one member state to operate across all 27 countries. The proposal still requires further legislative steps before it is finalised. (Source: CryptoSlate) ⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; please exercise caution. #MiCA #CryptoRegulation
The EU has its sights set on MiCA’s “one license, 27-country operations” loophole. On October 9, the Council of the European Union reached a political agreement to give the European Securities and Markets Authority (ESMA) direct supervisory authority over the bloc’s largest crypto-asset service providers, advancing the centralised oversight shift agreed upon by national finance ministers. This is part of the EU’s broader package of measures to integrate financial markets, and aims to close a loophole in MiCA’s existing licensing “passport” system, under which a company currently needs a license in just one member state to operate across all 27 countries. The proposal still requires further legislative steps before it is finalised.

(Source: CryptoSlate)

⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; please exercise caution.

#MiCA #CryptoRegulation
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🎯 The EU has issued USDT a final ultimatum 📰 ESMA has set January 8, 2027, as the hard deadline. European exchanges have just a three-month window to delist non-compliant USDT and similar dollar-pegged stablecoins. 💬 For the first time, a leading stablecoin has been singled out by a major regulator for a removal. I was stunned for a couple of seconds after reading this—compliant stablecoins are poised to take over. This isn’t bad news for token prices; it’s a shake-up of the entire sector. 🏷️ #稳定币 #USDT #MiCA #Regulation
🎯 The EU has issued USDT a final ultimatum

📰 ESMA has set January 8, 2027, as the hard deadline. European exchanges have just a three-month window to delist non-compliant USDT and similar dollar-pegged stablecoins.

💬 For the first time, a leading stablecoin has been singled out by a major regulator for a removal. I was stunned for a couple of seconds after reading this—compliant stablecoins are poised to take over. This isn’t bad news for token prices; it’s a shake-up of the entire sector.

🏷️ #稳定币 #USDT #MiCA #Regulation
EU crypto platforms just got a hard deadline on non-compliant stablecoins 🇪🇺 On Oct 8, 2026, ESMA (Europe’s top securities regulator) published an opinion: MiCA-authorised firms — licensed crypto-asset service providers, or CASPs — must stop offering EU clients services involving stablecoins that are not MiCA-compliant. In plain words: • Covers trading, custody, transfers, advice, and portfolio management • Applies to asset-referenced tokens and e-money tokens lacking EU authorisation • Pre-existing exposures cleaned up ASAP — no later than 3 months → Jan 8, 2027 • Exit functions stay allowed: liquidation, conversion, withdrawal, transfer, safekeeping • New or increased exposure? Not allowed The nuance headlines will blur 👇 USDT is the most visible example because Tether is not EU-authorised under MiCA. That does NOT ban every dollar stablecoin — issuer compliance matters. And owning coins in a private wallet is NOT made illegal by this opinion: it targets licensed platforms serving EU clients, not your personal keys. Why this matters for someone like Awa in Dakar: Her cousin in Paris sent remittance as USDT to an EU-licensed exchange account she can access. She thought “dollar stablecoin on a big European platform = safe parking.” Under this opinion, that platform may need to exit her USDT exposure by early January — convert, withdraw, or transfer out — rather than keep growing it. Two layers. Don’t mix them. • Licensed EU CASP + non-MiCA stablecoin: service must wind down for EU clients • Private wallet you control: this opinion does not outlaw holding Would you rather keep remittance dollars on an EU-licensed exchange that must exit non-MiCA coins by Jan 8, 2027 — or move them to rails that stay available for you? 👇 Not financial advice. Crypto and stablecoins carry risk; rules and issuer status can change. Do your own research. Source: ESMA (Oct 8, 2026). #MiCA #Stablecoins #ESMA #CryptoNews
EU crypto platforms just got a hard deadline on non-compliant stablecoins 🇪🇺

On Oct 8, 2026, ESMA (Europe’s top securities regulator) published an opinion: MiCA-authorised firms — licensed crypto-asset service providers, or CASPs — must stop offering EU clients services involving stablecoins that are not MiCA-compliant.

In plain words:
• Covers trading, custody, transfers, advice, and portfolio management
• Applies to asset-referenced tokens and e-money tokens lacking EU authorisation
• Pre-existing exposures cleaned up ASAP — no later than 3 months → Jan 8, 2027
• Exit functions stay allowed: liquidation, conversion, withdrawal, transfer, safekeeping
• New or increased exposure? Not allowed

The nuance headlines will blur 👇
USDT is the most visible example because Tether is not EU-authorised under MiCA. That does NOT ban every dollar stablecoin — issuer compliance matters. And owning coins in a private wallet is NOT made illegal by this opinion: it targets licensed platforms serving EU clients, not your personal keys.

Why this matters for someone like Awa in Dakar:
Her cousin in Paris sent remittance as USDT to an EU-licensed exchange account she can access. She thought “dollar stablecoin on a big European platform = safe parking.” Under this opinion, that platform may need to exit her USDT exposure by early January — convert, withdraw, or transfer out — rather than keep growing it.

Two layers. Don’t mix them.
• Licensed EU CASP + non-MiCA stablecoin: service must wind down for EU clients
• Private wallet you control: this opinion does not outlaw holding

Would you rather keep remittance dollars on an EU-licensed exchange that must exit non-MiCA coins by Jan 8, 2027 — or move them to rails that stay available for you? 👇

Not financial advice. Crypto and stablecoins carry risk; rules and issuer status can change. Do your own research. Source: ESMA (Oct 8, 2026).

#MiCA #Stablecoins #ESMA #CryptoNews
EU Stablecoin Crackdown Looming ESMA is forcing regulators to clean up non compliant stablecoins within three months. If your coins do not meet MiCA rules you might face sudden liquidity issues or forced exits. #MiCA #StablecoinRegulation ‎
EU Stablecoin Crackdown Looming

ESMA is forcing regulators to clean up non compliant stablecoins within three months. If your coins do not meet MiCA rules you might face sudden liquidity issues or forced exits.

#MiCA #StablecoinRegulation ‎
🚨 A new European decision puts stablecoins under the microscope... What’s changed? In the crypto world, not every stablecoin is risk-free, and not every regulatory change means the market is heading for a crash! 👀 📌 The news: On October 8, 2026, the European Securities and Markets Authority (ESMA) published supervisory guidelines on services related to stablecoins that do not comply with European MiCA rules. The guidelines ask licensed crypto-asset service providers in the EU to stop offering clients services related to these coins, with arrangements to address existing holdings. 🔍 Analysis: 1️⃣ Regulation: Compliance with the rules has become an important factor in determining which services are available to users in Europe. 2️⃣ Risks: Price stability alone isn’t enough; transparency, reserves, and liquidity are all important when assessing the risks of any stablecoin. 3️⃣ An important point: The decision does not mean that all stablecoins—or all services involving them worldwide—are now banned. 📊 My take: The future of stablecoins will depend on their ability to combine trust, transparency, and regulatory compliance—not merely on being pegged to the dollar. 💬 Question for discussion: Will strict regulation increase people’s confidence in stablecoins, or limit their freedom to use them? #Stablecoins #Crypto #Blockchain #MiCA
🚨 A new European decision puts stablecoins under the microscope... What’s changed?

In the crypto world, not every stablecoin is risk-free, and not every regulatory change means the market is heading for a crash! 👀

📌 The news:

On October 8, 2026, the European Securities and Markets Authority (ESMA) published supervisory guidelines on services related to stablecoins that do not comply with European MiCA rules.

The guidelines ask licensed crypto-asset service providers in the EU to stop offering clients services related to these coins, with arrangements to address existing holdings.

🔍 Analysis:

1️⃣ Regulation: Compliance with the rules has become an important factor in determining which services are available to users in Europe.

2️⃣ Risks: Price stability alone isn’t enough; transparency, reserves, and liquidity are all important when assessing the risks of any stablecoin.

3️⃣ An important point: The decision does not mean that all stablecoins—or all services involving them worldwide—are now banned.

📊 My take: The future of stablecoins will depend on their ability to combine trust, transparency, and regulatory compliance—not merely on being pegged to the dollar.

💬 Question for discussion: Will strict regulation increase people’s confidence in stablecoins, or limit their freedom to use them?

#Stablecoins #Crypto #Blockchain #MiCA
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Bullish
🏛️🇪🇺 European regulators give #crypto exchanges a 3-month deadline to delist unauthorized stablecoins under #MiCA rules! ⏱️🚫 ⚖️🛡️ Strict measures to regulate digital markets now enforce banking licenses and transparent reserves to guarantee investor protection. 📊💎 📌 Key Highlights: 3-Month Ultimatum: Crypto platforms operating in the EU must remove all non-compliant stablecoins within 90 days. Banking Supervision: Issuers are now required to hold an official Electronic Money Institution (EMI) or credit license in the EU. 1:1 Audited Reserves: Mandating ultra-transparent, segregated reserve management to eliminate decoupling and collapse risks. Market Shakeup: Compliant assets like Circle's USDC gain a massive regulatory advantage, while non-compliant issuers face EU delisting. #MiCA #Stablecoins #CryptoRegulation #EU #USDC #USDT #CryptoNews #FinTech #Web3 #InvestorProtection $EUR {spot}(EURUSDT) $USDC {spot}(USDCUSDT) $BTC {spot}(BTCUSDT)
🏛️🇪🇺 European regulators give #crypto exchanges a 3-month deadline to delist unauthorized stablecoins under #MiCA rules! ⏱️🚫

⚖️🛡️ Strict measures to regulate digital markets now enforce banking licenses and transparent reserves to guarantee investor protection. 📊💎

📌 Key Highlights:

3-Month Ultimatum:
Crypto platforms operating in the EU must remove all non-compliant stablecoins within 90 days.

Banking Supervision:
Issuers are now required to hold an official Electronic Money Institution (EMI) or credit license in the EU.

1:1 Audited Reserves:
Mandating ultra-transparent, segregated reserve management to eliminate decoupling and collapse risks.

Market Shakeup:
Compliant assets like Circle's USDC gain a massive regulatory advantage, while non-compliant issuers face EU delisting.

#MiCA #Stablecoins #CryptoRegulation #EU #USDC #USDT #CryptoNews #FinTech #Web3 #InvestorProtection

$EUR
$USDC
$BTC
red envelope
Good luck 🍀
From OnionSam
Europe is wasting no time cleaning house. With ESMA handing regulated platforms a strict three-month window to phase out non-compliant stablecoins, the MiCA era is officially biting. While existing holdings face national oversight, the writing is on the wall for unregulated issuers. Compliance is no longer optional in the EU—it is the ultimate barrier to entry. Expect a scramble for fully approved dollar pegs soon. $USDT $USDC #Regulation #Stablecoins #MiCA
Europe is wasting no time cleaning house. With ESMA handing regulated platforms a strict three-month window to phase out non-compliant stablecoins, the MiCA era is officially biting. While existing holdings face national oversight, the writing is on the wall for unregulated issuers. Compliance is no longer optional in the EU—it is the ultimate barrier to entry. Expect a scramble for fully approved dollar pegs soon. $USDT $USDC #Regulation #Stablecoins #MiCA
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Bullish
🇪🇺 USDT is subject to restrictions in the EU. Crypto services must stop providing services The European Securities and Markets Authority (ESMA) said that companies with a MiCA license must stop servicing stablecoins that do not comply with the regulations $USDT , the largest stablecoin on the market, is also subject to restrictions. This concerns trading, transfers and storage for customers in the EU. Remaining positions must be settled by January 8, 2027. Limited operations for the sale, exchange and withdrawal of assets will be maintained for a transitional period. #MiCA #NewsAboutCrypto
🇪🇺 USDT is subject to restrictions in the EU. Crypto services must stop providing services
The European Securities and Markets Authority (ESMA) said that companies with a MiCA license must stop servicing stablecoins that do not comply with the regulations $USDT , the largest stablecoin on the market, is also subject to restrictions.
This concerns trading, transfers and storage for customers in the EU. Remaining positions must be settled by January 8, 2027.
Limited operations for the sale, exchange and withdrawal of assets will be maintained for a transitional period.
#MiCA #NewsAboutCrypto
Came across a press release from Schuman Financial: a group of European digital finance companies has teamed up with Nasdaq-listed eToro to form the Eurøpe Consortium, hoping to make euro stablecoins more useful instead of merely “compliant but unused.” Around 99% of the stablecoin market is currently still dollar-denominated, with the euro accounting for less than 1%. The consortium is starting with EURØP, the MiCA-compliant euro e-money token issued by Schuman. It’s already live on six chains: Ethereum, Polygon, Avalanche, Solana, XRP Ledger, and Plasma. Members also include SwissBorg, Coinhouse, Coinmerce, LCX, RockawayX, and XRPL Commons. Put simply, they’re working together to expand distribution, liquidity, wallet and exchange integrations, and real-world use cases, while each member remains responsible for its own compliance and business decisions. It’s certainly hard for the euro to catch up with the dollar on-chain if everyone goes it alone. #欧元稳定币 #MiCA #RWA
Came across a press release from Schuman Financial: a group of European digital finance companies has teamed up with Nasdaq-listed eToro to form the Eurøpe Consortium, hoping to make euro stablecoins more useful instead of merely “compliant but unused.”

Around 99% of the stablecoin market is currently still dollar-denominated, with the euro accounting for less than 1%. The consortium is starting with EURØP, the MiCA-compliant euro e-money token issued by Schuman. It’s already live on six chains: Ethereum, Polygon, Avalanche, Solana, XRP Ledger, and Plasma. Members also include SwissBorg, Coinhouse, Coinmerce, LCX, RockawayX, and XRPL Commons.

Put simply, they’re working together to expand distribution, liquidity, wallet and exchange integrations, and real-world use cases, while each member remains responsible for its own compliance and business decisions. It’s certainly hard for the euro to catch up with the dollar on-chain if everyone goes it alone.

#欧元稳定币 #MiCA #RWA
EU Gives Crypto Platforms 3 Months to Remove Non-Compliant Stablecoins EU regulators are giving authorized crypto platforms three months to address stablecoins that do not comply with MiCA rules. The guidance could affect access to major tokens such as USDT and reshape stablecoin activity across European crypto markets. #USDT #Stablecoins #CryptoNews #MiCA #crypto
EU Gives Crypto Platforms 3 Months to Remove Non-Compliant Stablecoins

EU regulators are giving authorized crypto platforms three months to address stablecoins that do not comply with MiCA rules. The guidance could affect access to major tokens such as USDT and reshape stablecoin activity across European crypto markets.
#USDT #Stablecoins #CryptoNews #MiCA #crypto
EU regulators have issued a three month deadline for crypto platforms to delist any stablecoins that do not comply with new regulatory standards. This move aims to tighten oversight and ensure market stability. #MiCA #StablecoinRegulation ‎
EU regulators have issued a three month deadline for crypto platforms to delist any stablecoins that do not comply with new regulatory standards. This move aims to tighten oversight and ensure market stability.

#MiCA #StablecoinRegulation ‎
ESMA published an opinion today telling MiCA-authorised crypto firms to stop offering services on stablecoins that don't meet MiCA, and to clear out the exposure their EU users already hold. National regulators are asked to require it no later than three months after publication, which lands on 8 January 2027. The requirement sits on the issuer but it's enforced at the venue... if a stablecoin's issuer never got authorised, an EU exchange or custodian can't offer it, whatever its own licence says. Firms have to put controls in place so EU users can't buy more, and regulators can allow a supervised wind-down (conversion, withdrawal, transfer) to help people get out. In practice that mostly means USDT, for EU retail and for the funds and treasuries that use it as the settlement leg for $BTC and $ETH. It's addressed to national regulators, so each country still has to act on it, and I think the switch into authorised stablecoins happens country by country over the next three months. I'll be watching which regulators move first. #Stablecoins #MiCA #USDT #Crypto
ESMA published an opinion today telling MiCA-authorised crypto firms to stop offering services on stablecoins that don't meet MiCA, and to clear out the exposure their EU users already hold. National regulators are asked to require it no later than three months after publication, which lands on 8 January 2027.

The requirement sits on the issuer but it's enforced at the venue... if a stablecoin's issuer never got authorised, an EU exchange or custodian can't offer it, whatever its own licence says. Firms have to put controls in place so EU users can't buy more, and regulators can allow a supervised wind-down (conversion, withdrawal, transfer) to help people get out.

In practice that mostly means USDT, for EU retail and for the funds and treasuries that use it as the settlement leg for $BTC and $ETH . It's addressed to national regulators, so each country still has to act on it, and I think the switch into authorised stablecoins happens country by country over the next three months. I'll be watching which regulators move first.

#Stablecoins #MiCA #USDT #Crypto
🇪🇺EU Sets a Hard Deadline for Non-Compliant Stablecoins ESMA just told MiCA-licensed crypto firms to stop serving EU clients with stablecoins that aren't MiCA-compliant. Any remaining exposure has to be cleared by Jan 8, 2027 at the latest The rule covers trading, exchange, custody, transfers, advice and portfolio management. Only temporary, closely supervised exit services (selling, converting, withdrawing) are allowed. Compliant coins like $USDC stand to gain, while $USDT users in the EU are watching their options Will this reshape EU stablecoin market share? #MiCA #Stablecoins #CryptoRegulation
🇪🇺EU Sets a Hard Deadline for Non-Compliant Stablecoins
ESMA just told MiCA-licensed crypto firms to stop serving EU clients with stablecoins that aren't MiCA-compliant. Any remaining exposure has to be cleared by Jan 8, 2027 at the latest The rule covers trading, exchange, custody, transfers, advice and portfolio management. Only temporary, closely supervised exit services (selling, converting, withdrawing) are allowed. Compliant coins like $USDC stand to gain, while $USDT users in the EU are watching their options
Will this reshape EU stablecoin market share?
#MiCA #Stablecoins #CryptoRegulation
⚠️ Important news for stablecoin users in Europe! The European Securities and Markets Authority (ESMA) has issued new guidance on stablecoins that do not comply with MiCA rules. 📅 Relevant entities have been given up to 3 months, until January 8, 2027, to address existing customer dealings in non-compliant coins. 🔍 Why does this matter? • Some trading platforms may have to adjust their services in Europe. • Custody, transfers, and trading may be affected. • The decision does not mean that all stablecoins are banned worldwide. 📌 Follow your platform’s official announcements to find out what applies to your account. #Crypto #Stablecoins #USD T #USDC #MiCA #Blockchain
⚠️ Important news for stablecoin users in Europe!
The European Securities and Markets Authority (ESMA) has issued new guidance on stablecoins that do not comply with MiCA rules.
📅 Relevant entities have been given up to 3 months, until January 8, 2027, to address existing customer dealings in non-compliant coins.
🔍 Why does this matter? • Some trading platforms may have to adjust their services in Europe. • Custody, transfers, and trading may be affected. • The decision does not mean that all stablecoins are banned worldwide.
📌 Follow your platform’s official announcements to find out what applies to your account.
#Crypto #Stablecoins #USD T #USDC #MiCA #Blockchain
ESMA is urging European crypto firms to wind down services involving non compliant stablecoins within three months to align with MiCA standards. #MiCA #StablecoinRegulation ‎
ESMA is urging European crypto firms to wind down services involving non compliant stablecoins within three months to align with MiCA standards.

#MiCA #StablecoinRegulation ‎
【Market Update】The EU is stepping up its crackdown on the stablecoin market. On October 8, the European Securities and Markets Authority (ESMA) issued a new opinion requiring crypto firms authorised under the Markets in Crypto-Assets Regulation (MiCA) to resolve, within three months, any remaining exposure to non-compliant stablecoins in the services they provide to EU customers. Where legacy exposure is identified, national regulators should require firms to address it as soon as possible, and no later than three months after the opinion was issued—around January 8, 2027. This means the bar for stablecoin compliance in the European market is being raised further, while the scope for circulating certain non-compliant coins will continue to narrow. (Source: CryptoSlate) #MiCA #稳定币 #EuropeanRegulation ⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
【Market Update】The EU is stepping up its crackdown on the stablecoin market. On October 8, the European Securities and Markets Authority (ESMA) issued a new opinion requiring crypto firms authorised under the Markets in Crypto-Assets Regulation (MiCA) to resolve, within three months, any remaining exposure to non-compliant stablecoins in the services they provide to EU customers. Where legacy exposure is identified, national regulators should require firms to address it as soon as possible, and no later than three months after the opinion was issued—around January 8, 2027. This means the bar for stablecoin compliance in the European market is being raised further, while the scope for circulating certain non-compliant coins will continue to narrow.

(Source: CryptoSlate)

#MiCA #稳定币 #EuropeanRegulation

⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
Came across this on Cointelegraph: On October 8, the EU securities regulator ESMA issued an opinion requiring crypto-asset service providers licensed under MiCA to stop offering EU customers services related to “non-MiCA-compliant stablecoins”—including trading, exchange, order placement, custody, transfers, investment advice, and portfolio management. Existing exposure must be wound down as soon as possible, and no later than January 8, 2027 (three months after the opinion was published). In principle, during the transition period, providers may only take actions that help customers exit, such as selling, exchanging, withdrawing, transferring, and holding assets; they cannot continue buying or adding to positions. National regulators can also bring the deadline forward. ESMA did not name any specific coins. Coinbase has classified Tether’s USDT and PayPal’s PYUSD as non-compliant, and told customers in the European Economic Area to withdraw them by October 30. Any remaining balances will automatically be converted to USDC or other supported assets after the deadline. Compared with the version from January 2025, this one also tightens restrictions on custody and transfers—previously, customers could still hold their assets, but now the main option left is an exit route. EU stablecoins have taken another step toward concentrating around compliant coins. $USDT #稳定币 #MiCA #ESMA #EU
Came across this on Cointelegraph: On October 8, the EU securities regulator ESMA issued an opinion requiring crypto-asset service providers licensed under MiCA to stop offering EU customers services related to “non-MiCA-compliant stablecoins”—including trading, exchange, order placement, custody, transfers, investment advice, and portfolio management.

Existing exposure must be wound down as soon as possible, and no later than January 8, 2027 (three months after the opinion was published). In principle, during the transition period, providers may only take actions that help customers exit, such as selling, exchanging, withdrawing, transferring, and holding assets; they cannot continue buying or adding to positions. National regulators can also bring the deadline forward.

ESMA did not name any specific coins. Coinbase has classified Tether’s USDT and PayPal’s PYUSD as non-compliant, and told customers in the European Economic Area to withdraw them by October 30. Any remaining balances will automatically be converted to USDC or other supported assets after the deadline.

Compared with the version from January 2025, this one also tightens restrictions on custody and transfers—previously, customers could still hold their assets, but now the main option left is an exit route. EU stablecoins have taken another step toward concentrating around compliant coins.

$USDT #稳定币 #MiCA #ESMA #EU
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