ESMA said authorized platforms must block new access to stablecoins that fail to meet MiCA rules, while national authorities oversee existing customer holdings. New European Securities and Markets Authority guidance requires authorized crypto platforms to stop services that allow EU customers to trade or increase holdings of stablecoins that do not comply with the bloc’s Markets in Crypto Assets rules. The guidance does not name specific tokens. Tether’s dollar-pegged USDT, the largest stableco…
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