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ESMA Outlines Supervisory Expectations for Unauthorised StablecoinsAI illustration
NewCryptoFinanceMarketsReported 2026-10-08

ESMA Outlines Supervisory Expectations for Unauthorised Stablecoins

ESMA has published an opinion clarifying supervisory expectations for crypto-asset services involving unauthorised stablecoins, instructing NCAs to ensure CASPs cease providing services and implement controls to prevent access to such tokens in the EU.

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Why it matters. Regulatory bodies are taking action to protect EU markets from non-compliant stablecoins, affecting crypto-asset service providers and clients.

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Evidence

  • EESMA newsRegulator2026-10-08
    The opinion calls on National Competent Authorities (NCAs) to supervise that market participants neither maintain, introduce, nor facilitate access for clients to non-MiCA-compliant stablecoins through their services.
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