Since first proposed in 2020 by the European Commission, the MiCA (Markets in Crypto-Assets) legal framework has come a long way, entering full force by December 2024. This set of rules is designed to regulate crypto-asset markets and related companies (especially companies), in order to protect European users. That’s why it’s so paradoxical that crypto scammers are now using it as a tool for theft.
Even if the law was already in full force, a grace period was granted to non-registered crypto companies like exchanges or custodians to catch up with the new rules. That period ended on July 1, 2026. Since the
