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TRX ESMA sets supervisory expectations on unauthorised stablecoin services
ESMA published an opinion clarifying supervisory expectations for crypto-asset services involving non-MiCA-compliant stablecoins, stating that MiCA-authorised CASPs should cease providing such services to EU clients.
Why “Confirmed”
- Published by a primary source: ESMA News
1 independent source group across 1 post · evidence score 90/100. How labels work
What the sources claim
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ESMA published an opinion clarifying supervisory expectations for crypto-asset services involving non-MiCA-compliant stablecoins.
“has published an opinion clarifying supervisory expectations of crypto-asset services involving asset-referenced tokens (ARTs) and e-money tokens (EMTs)”
ESMA News -
MiCA-authorised crypto-asset service providers should cease providing services related to non-MiCA-compliant stablecoins to clients in the European Union.
“should cease providing services related to non-MiCA-compliant stablecoins to clients in the European Union”
ESMA News -
The expectation applies to the full range of crypto-asset services covered by MiCA, including trading platforms, exchange services, execution of orders, placing of crypto-assets, reception and transmission of orders, investment advice, transfers, custody and administration, and portfolio management.
“This applies to the full range of crypto-asset services covered by MiCA, including the operation of trading platforms, exchange services, execution of orders, placing of crypto-assets, reception and transmission of orders, investment advice, transfers, custody and administration, and portfolio management”
ESMA News
Sources
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Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-08 08:40 UTC. Labels are computed from the sources, not by the model.