EU Regulator Calls for Quick Compliance with Stablecoin Regulations

Reported 1 day ago

The European Securities and Markets Authority (ESMA) is urging EU member states to ensure compliance with stablecoin regulations, requiring that non-compliant stablecoins be removed from exchanges within the next two months. This mandate impacts crypto asset service providers and aims for compliance by the end of Q1 2025, as large issuers, including Tether and Circle, adapt to the new Markets in Crypto Assets (MiCA) legislation.

Source: YAHOO

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