ESMA sets deadline for firms to comply with MiCA

Quick Summary:

In a January 17 statement, ESMA urged crypto asset service providers (CASPs) to restrict or delist stablecoins that are not compliant with MiCA.

The post ESMA sets deadline for firms to comply with MiCA appeared first on CoinGeek.

Another factor playing into Tether’s reticence to apply for EU authorization could be that USDT would almost certainly fall within the category of systemically significant and thus be subject to the additional requirements of the EBA—on top of those that come with MiCA.

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Article Details

Author / Journalist: James Field

Category: Crypto

Markets: CanadaChina

Topics: MiCA Finance Regulation Stablecoins USDT Tether Juan Ignacio Ibañez European Union Markets in Crypto Assets European Securities and Markets Authority National Competent Authority

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 16:00:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1024 words

Reading Time: 6 minutes read

Sentences: 33 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 25344212

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