The European Securities and Markets Authority (ESMA) confirms custody and transfers of stablecoins are not restricted under MiCA.

Crypto asset service providers of Europe must restrict offering stablecoin acquisition services.

Markets in Crypto Assets (MiCA) came into effect on December 30, 2024 to regularize the crypto industry in Europe. The increasing adoption and recognition of digital assets has made it mandatory to bring clear regulatory policies. However, its guidance over stablecoin issuance is unclear so far

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