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

Event date

Mar 4, 2025 - 12:00am

Quotes that support claims

Referring to its January guidance, the ESMA reiterated that CASPs are allowed to maintain “sell-only” services — or withdrawals — until March 31 to allow investors to exit their positions.

ESMA has emphasized that European crypto-asset service providers (CASP) should prioritize the limitation of services that facilitate the acquisition of non-compliant assets. The agency reiterated that CASP can maintain “sell-only” services until March 31 to allow investors to exit their bull or bear positions.