
ESMA sets January 2027 deadline for MiCA platforms to drop unauthorized stablecoins
- —Deadline is January 8, 2027; national regulators may set earlier dates
- —Ban covers trading, exchange, transfers and custody, not just listings
- —Risk warnings do not substitute for technical blocks on buying such tokens
- —A limited wind-down window allows selling, converting and withdrawing existing holdings
Why it matters: USDT holders on EU platforms must convert or move assets before the deadline, potentially boosting demand for USDC in the bloc.
Source: CryptoActu