October 3rd 2026, 4:00 PM
EU Stablecoin Custody at Risk
Key Summary
Non-compliant tokens could lose licensed custody and transfer access if the proposal becomes law, with exit rules still unresolved.
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ESMA Proposal
The European Securities and Markets Authority (ESMA) has proposed ending EU custody and transfer services for non-compliant stablecoins.
Non-Compliant Tokens at Risk
Non-compliant tokens could lose licensed custody and transfer access if the proposal becomes law, with exit rules still unresolved.
Implications for the Stablecoin Market
The proposal has significant implications for the stablecoin market, which is heavily reliant on EU custody and transfer services.
ESMA, European Securities and Markets Authority, Stablecoins, EU
#stablecoins#EU#ESMA#RegulatoryEnforcement