National authorities, supported by ESMA, will oversee compliance as the EU enforces a unified licensing regime for crypto services across member states.
The EU’s crypto rulebook is moving into a more decisive enforcement stage, with the European Securities and Markets Authority (ESMA) issuing a fresh warning ahead of the end of transitional periods under the Markets in Crypto-Assets Regulation (MiCA).
ESMA says the transition will expire across the EU on 1 July 2026, after which firms providing crypto-asset services to EU clients without MiCA authorisation will be in breach of EU law and must stop offering such services.
Rather than announcing a new rule, ESMA’s statement clarifies what…






