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EU sets deadline for licensed crypto platforms to halt USDT operations

EU sets deadline for licensed crypto platforms to halt USDT operations
EU sets deadline for licensed crypto platforms to halt USDT operations

Regulatory requirements for crypto service providers

The European Securities and Markets Authority (ESMA) has outlined clear expectations regarding the oversight of services related to unauthorised stablecoins. According to published information, all crypto-asset service providers (CASPs) that have obtained authorisation under the MiCA regulatory package are obliged to cease providing services related to stablecoins that do not meet MiCA requirements to clients located within the European Union.

Implementation timelines

To adapt to the new rules, the regulator has set a specific deadline. Companies must complete the cessation of the relevant operations no later than 8 January 2027. This requirement applies, in particular, to popular instruments such as USDT, if they have not obtained the corresponding status of compliance with the MiCA regulation.

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