MICA trap: 14 European Stablecoin issuers, locked from custody

This limits closely the range of services

According to ESMA's interim register, only nine companies obtained a full authorisation covering both the issuance of EMT and CASP services out of about 23 authorised electronic money tokens (TEM) issues. The remaining 14 players were found given on a regular train. Most problems related to the stable balance in the EU cannot provide custodians of their chips outside customers.

This limits closely the range of services I can provide, EU Strategy and Policy Strategy Circle Chief Patrick Hansen said, expressing surprise at the competitors' passion. HOT StoriesXRP, Zcash (ZEC), Dogecoin (DOGE) and Bitcoin (BTC) Price analysis for August 13: It becomes clearer Former Ripple Partner Solana TiesIn the meantime, Circle, the USDC issuer and EURC, together with Société Généralea -Formation, the euro area in the euro area. The restrictions hit the B2B segment hard.

Without a CASP license, problems are not allowed to hold chips in custody or process automatic payments beyond corporate customers. The project has necessarily integrated its assets into the infrastructure of XRP Ledger. Unable to manage actively independently, Schuman Financial uses Ripple's European licenses for MICA CASP and EMI to provide legal custody and transfers to 30 European countries. A long-term advantage for top market participants is expected to persist.

The completion of the compliance process provided for in Article 60 of the MICA in major European jurisdictions shall take place from several months to one year. You could also like Mon, 10 / 2026 - 08: 56 Ripple Mints $10 Million RLUSD While XRP Whales Start Moving FundByGamza KhanzadevThis guards Circle and Société Générale - Forge a long-term advantage in competition for institutional capital within the EEA until the euro sector settles forward during the period of reimbursement and direct production. # Crypto Regulation B2B's custodian blocking - while contesting a long-term advantage for the level of advertising related articles NoutatiAug 13, 2026 - 10: 35 Shiba lnu: Shibarium Shibarium Shibary Shift Reviled, What happened?

ByTomiwabold OlajideNewsAug 13, 2026 - 10: 15XRP hit the lowest level since November 2024, but the market activity is Supping ByArman Shirinyan MICA Trap: 14 European Stablecoin emitters cut from Custodia their own TokensByGamza KhanzadaevThu, 13 / 08 / 2026 - 11: 53 Circle Policy Chief Patrick Hansen of a European Network