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European securities regulator ESMA has told national supervisors to ensure MiCA-authorized crypto platforms stop providing normal services involving stablecoins that do not satisfy the regulation’s requirements.
European crypto platforms operating under MiCA face a new supervisory deadline for stablecoins that do not meet the regulation's issuer requirements.
The European Securities and Markets Authority added 12 crypto-asset service providers to its MiCA register in a July 31 update, lifting the reported total to 321.
ESMA has expanded its interim MiCA register with 14 additional crypto-asset service providers, bringing the listed CASP total to 294.
