EU securities regulator gives crypto platforms 3 months to remove unauthorized stablecoins

Crypto Insight Summary: ESMA said authorized platforms must block new access to stablecoins that fail to meet MiCA rules, while national authorities oversee existing customer holdings. Crypto Insight Analysis: Direction: Bearish USDT / Bearish USDC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: EU regulatory pressure on stablecoins may cause temporary market uncertainty and reduced liquidity.