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ESMA Sets 3-Month Exit for Non-MiCA Stablecoins, Pulls Custody Into Scope

Licensed EU crypto firms have until early January 2027 to wind down services for stablecoins that fail MiCA, the European Securities and Markets Authority (ESMA) said on Thursday. ESMA set that three-month deadline in an opinion addressed to national supervisors. The opinion covers asset-referenced tokens (ARTs) and e-money tokens (EMTs) that do not meet MiCA’s […]

Revolut Launches First Euro Stablecoin EURR: Here’s Where It’s Available

Revolut began rolling out EURR, its first euro-denominated stablecoin, opening the token to what the company called a “select group of customers” in Denmark, Poland, and Portugal ahead of a wider European Economic Area (EEA) launch expected later this year. The token is issued by Bridge, the stablecoin infrastructure firm Stripe acquired for $1.1 billion […]

Scammers Pose as EU Regulators to Target Crypto Users Displaced by MiCA Deadline

Scammers impersonating financial regulators and licensed exchanges are targeting crypto holders who are still moving assets five weeks after the EU’s licensing deadline under the Markets in Crypto-Assets Regulation (MiCA). This is according to several regulators, including France’s Autorité des Marchés Financiers (AMF), the Dutch Authority for the Financial Markets (AFM), and the European Securities […]