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      ESMA Tells EU Crypto Firms to Exit Non-MiCA Stablecoin Exposure by Jan. 8The European Securities...

      ESMA Tells EU Crypto Firms to Exit Non-MiCA Stablecoin Exposure by Jan. 8The European Securities and Markets Authority on Thursday urged national regulators to require crypto-asset service providers to fully exit stablecoin-related exposure that does not comply with MiCA within three months, and no later than Jan. 8, 2027. The guidance covers trading, custody, transfers and investment advice. Licensed firms may offer only limited wind-down services, such as liquidation, closing-out exchanges and withdrawals, and only under close supervision.

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud