KAREN JOY BACUDO

Finance Editor

Confirmo has urged businesses using crypto payment services in Europe to check whether their providers hold full MiCA authorisation before the regulatory cut-off. The warning comes as many previously registered crypto firms are expected to lose the right to operate in the region.

Any crypto payment provider without a Crypto-Asset Service Provider licence must stop serving European customers once the transitional period under the EU’s Markets in Crypto-Assets regime ends, the stablecoin payments company said. Firms that continue to rely on providers that fail to secure authorisation…