News · Crypto · Cointelegraph · Thu, Oct 8, 2026 11:00 AM
ESMA gives crypto firms 3 months to exit non-compliant stablecoins
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ESMA urged EU crypto firms to halt services involving non-MiCA-compliant stablecoins, giving regulators three months to address existing exposures.
European Securities and Markets Authority (ESMA) has issued a directive to all EU crypto service providers, requiring them to cease operations that involve stablecoins not compliant with the forthcoming Markets in Crypto‑Assets (MiCA) regulation.
The regulator has set a 90‑day window, giving firms until the end of the quarter to remove or replace any non‑MiCA compliant stablecoins from their product offerings.
Implications for Crypto Platforms
Crypto platforms must conduct rapid audits of their stablecoin portfolios and adjust their infrastructure to align with MiCA rules, or face potential enforcement actions.
Based on reporting from Cointelegraph. Read the original.
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