EU Enforces Strict Stablecoin Regulations, Orders Removal of Non-Compliant Tokens

TLDR EU regulator ESMA mandates crypto exchanges remove non-compliant stablecoins by end of Q1 2025 Tether's USDT will be affected as it lacks EU authorization and has no plans for MiCA compliance Exchanges must stop enabling clients to acquire unauthorized stablecoins by January's end Clients holding non-compliant stablecoins have until March to convert to compliant [.

Jan 22, 2025 - 06:40
EU Enforces Strict Stablecoin Regulations, Orders Removal of Non-Compliant Tokens
TLDR EU regulator ESMA mandates crypto exchanges remove non-compliant stablecoins by end of Q1 2025 Tether's USDT will be affected as it lacks EU authorization and has no plans for MiCA compliance Exchanges must stop enabling clients to acquire unauthorized stablecoins by January's end Clients holding non-compliant stablecoins have until March to convert to compliant [.

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