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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 […]