The European Securities and Markets Authority warned that any stablecoins not meeting MiCA requirements must be removed from EU crypto platforms within three months, forcing firms to cease related services and clear existing positions.
The European Securities and Markets Authority said it will move from drafting rules to supervising the crypto‑asset market under MiCA, with an emphasis on CASP resilience, outsourcing, reverse solicitation and unified reporting across EU member states.
The European Securities and Markets Authority (ESMA) announced that it has added 14 new crypto-asset service providers to the official MiCA register, increasing the total to 294. The new entrants include several banks and Ripple Payments Europe, highlighting a slowdown in licensing activity under the new EU crypto-asset framework.