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EconomyESMA proposes ending EU custody and transfer services for non-compliant stablecoins

The European Securities and Markets Authority has proposed extending EU restrictions on stablecoins that fail MiCA requirements from trading to custody and transfers. If adopted, holders could lose the ability to keep such tokens with licensed custodians after trading pairs are removed. The submission is a policy proposal, not an enacted amendment, and sets no implementation date or wind-down mechanism.

ESMAEUstablecoinsMiCA

CCryptoSlate★★★★☆2026-10-03 16:00Original

ESMA proposes ending EU custody and transfer services for non-compliant stablecoins
ESMA proposes ending EU custody and transfer services for non-compliant stablecoinsEconomy