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ESMA Sets Jan. 8 Deadline for EU Firms to Exit Non-MiCA Stablecoins

Published by
Qadir AK

The European Securities and Markets Authority has urged EU regulators to require crypto firms to exit stablecoin exposure that does not comply with MiCA by Jan. 8, 2027. The guidance covers trading, custody, transfers and investment advice. Firms may provide limited wind-down services, including liquidation, closing trades and withdrawals, under regulatory supervision. The move gives crypto service providers three months to end non-compliant stablecoin activities and align their services with EU rules.

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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