EU crypto sector must follow stablecoin rules as soon as possible, authority says
( January 20, 2025, 11:11 GMT | Official Statement) -- MLex Summary: The European Securities and Markets Authority published a statement clarifying some provisions related to asset-referenced and electronic money tokens, or stablecoins, under the Markets in Crypto Assets Regulation. It says that national authorities must ensure that crypto assets service providers adhere to the provisions on non-compliant ARTs or EMTs as soon as possible, and no later than the end of the first quarter of this year. Press release follows. Statement and Q&A attached....
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