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BeInCrypto Breaking: ESMA tells national regulators to push crypto firms out of non‑MiCA stablecoin exposure within three months

ESMA has instructed national regulators across the EU to require crypto firms to wind down exposure to stablecoins that do not comply with MiCA within three months. Under the remediation framework, the final cutoff date is Jan. 8. The move could effectively shut off EU liquidity for noncompliant tokens, aimed at limiting regulatory arbitrage and ensuring MiCA-compliant issuers are not disadvantaged.
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