ESMA proposes ending EU custody and transfer services for non-compliant stablecoins

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CryptoSlate
ESMA proposes ending EU custody and transfer services for non-compliant stablecoinsWorldPing
Image via CryptoSlate.

What happened

Non-compliant tokens could lose licensed custody and transfer access if the proposal becomes law, with exit rules still unresolved.

Key facts

  • Reported by CryptoSlate and published Sat, 03 Oct 2026 16:00:54 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Circle Urges EU to Scrap Strict Bank Deposit Rules for Stablecoins

  2. ESMA proposes ending EU custody and transfer services for non-compliant stablecoins

Sources

The original report was published by CryptoSlate. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CryptoSlate

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The issuer of the second-largest stablecoin in the crypto world proposed a new regime for foreign-regulated stablecoins, where international issuers would be primarily supervised in their home jurisdiction with measures equivalent to those applied in…

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