Tether USDt custody and transfers ‘not restricted’ under MiCA — ESMA

Quick Summary:

The European Securities and Markets Authority confirmed that MiCA rules do not explicitly ban non-compliant stablecoin custody and transfers.

The European Securities and Markets Authority (ESMA) clarified the status of custody and transfers of stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA).

Despite removing the affected tokens for trading, Binance said it will support deposits and withdrawals of non-MiCA-compliant stablecoins after the delisting on March 31.

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Article Details

Author / Journalist: Cointelegraph by Helen Partz

Category: Crypto

Markets: United States

Topics: Markets Custody Non-mica-compliant Stablecoins Services Esma Mica Withdrawals Crypto March European

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 08:23:53 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 454 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 35 words per sentence (average)

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

Copyright Owner: © Coin Telegraph

News ID: 26676188

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 213 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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