According to CoinMeta, the European Securities and Markets Authority (ESMA) requires EU crypto asset service providers that have obtained authorization under the MiFID II framework to cease serving EU customers by January 8, 2027, and to resolve any existing related exposures. The guidelines cover trading platforms, exchange services, order execution, custody, transfers, investment advice, and portfolio management. ESMA mandates that companies take technical, contractual, and organizational measures to prevent EU customers from acquiring or increasing exposure to unauthorized stablecoins. Regulators may allow companies to assist customers in closing out existing positions, but such activities must be temporary and subject to strict supervision. This update extends the guidelines issued by ESMA in January 2025.