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Custody and transfer services for MiCa non-compliant stablecoins are permissible under MiCA because they do not constitute a public offering or a request for admission to trading
Binance announced that it will delist 9 Markets in Crypto-Assets Regulation (MiCA) regulation non-compliant stablecoins, including Tether’s USDT, for users in the European Economic Area (EEA) on March 31, 2025, but will continue supporting deposits and withdrawals after delisting
The European Securities and Markets Authority (ESMA) confirmed that the MiCA regulation does not prohibit custody and transfers of MiCA non-compliant stablecoins
The European Securities and Markets Authority (ESMA) reiterated that sell-only services should be provided for MiCa non compliant stablecoins until their full delisting on March 31, 2025

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