Wire · regulatory
EU Securities Regulator Wants Crypto Platforms to Wind Down Non-MiCA Stablecoin Services
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Fusion42 · 10 October 2026 · Fusion42 review
The European Securities and Markets Authority (ESMA) has issued an opinion directing licensed crypto platforms to cease offering stablecoins not authorized under the EU's MiCA rules, requiring national regulators to ensure remaining exposures are cleared within three months, by January 8, 2027.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 9 Oct 2026 and 12 Oct 2026.
◆ ◆ The Wire takeaway
You must stop selling stablecoins not authorised under MiCA by early January or lose European market access. This crackdown opens opportunities to onboard users abandoned by platforms forced to exit non-compliant tokens.
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2 sources · first reported 9 Oct 2026 · latest 12 Oct 2026
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