Patrick Hansen, Circle’s Senior Director of EU Strategy and Policy, warned that unresolved conflicts between European crypto regulations could create significant compliance burdens for stablecoin service providers.
Hansen posted the warning on X on Oct. 31, stating the issue remains unaddressed as the year nears its end.
Businesses handling e-money tokens could face requirements for both a Markets in Crypto-Assets service provider license and a payment services license for identical custody or transfer activities starting in March 2026, according to Hansen’s analysis of current European Banking Authority guidance.
The overlap stems from how regulators interpret the relationship between MiCA and the Payment Services Directive.
𝐓𝐡𝐞 𝐄𝐔 𝐫𝐢𝐬𝐤𝐬 𝐚 𝐦𝐚𝐣𝐨𝐫 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐨𝐰𝐧 𝐠𝐨𝐚𝐥 𝐟𝐨𝐫 𝐬𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧𝐬 🇪🇺
We’re nearing year-end — and the Mi
We współpracy z: https://www.coinspeaker.com/circle-warns-eu-stablecoin-rules-dual-licensing/
