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MiCA Deadline Hits July 1 as Unlicensed Crypto Platforms Face EU Shutdown Risk

Crypto firms serving clients across the European Economic Area face shutdown risk if they fail to secure authorization under the Markets in Crypto-Assets Regulation (MiCA) before enforcement begins. Regulators have ruled out extensions, leaving more than 1,200 previously registered firms with limited time to comply as only a small number have obtained full approval. EU…

Crypto firms serving clients across the European Economic Area face shutdown risk if they fail to secure authorization under the Markets in Crypto-Assets Regulation (MiCA) before enforcement begins. Regulators have ruled out extensions, leaving more than 1,200 previously registered firms with limited time to comply as only a small number have obtained full approval. EU […]

Source: https://news.bitcoin.com/mica-deadline-hits-july-1-as-unlicensed-crypto-platforms-face-eu-shutdown-risk/