According to ESMA, a key regulatory body overseeing MiCA compliance in Europe, providing custody and transfer services for non-compliant stablecoins does not violate the new European cryptocurrency laws.
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Custody and transfers of non-MiCA-compliant stablecoins not restricted — ESMA
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The European Securities and Markets Authority (ESMA) confirmed that the MiCA regulation does not prohibit custody and transfers of MiCA non-compliant stablecoins
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