The ESMA said that the EU authorities are not seen by violations in the provision of services for the storage and transfer of any stablecoins. The representative of the regulator in an interview with Cointelegraph confirmed that, according to the definition of ESMA, USDT stabilcoins are inappropriate asset requirements. However, according to the Mica, the services of storage and transfer of such non -compliance with the rules of stablcoins are not in themselves a “public offer” or “admission to bidding”.
“Thus, these services are not prohibited in accordance with sections III and IV Mica,” the interlocutor of the publication said.
At the same time, ESMA specified that although deposits and the withdrawal of such stablecoins are not directly prohibited, European suppliers of crypto -acting management services (CASP) should strive to strictly monitor services that contribute to the acquisition of such assets. This requirement is spelled out in the ESMA recommendations published on January 17, 2025.
Earlier, the largest crypto -story world Binance announced that from March 31, it will stop supporting trading couples with USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC and PAXG for customers from the European economic zone.
Source: Bits
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