ESMA says unlicensed crypto providers must exit the EU market or wind down operations, as transitional protections expire.
Crypto-asset service providers operating under national transitional regimes must obtain MiCA authorisation or stop serving the EU clients when the Markets in Crypto-Assets Regulation transitional period ends on 1 July 2026.
The European Securities and Markets Authority has said the transitional period will expire across the EU on that date. Under MiCA, crypto-asset service providers that were operating legally before 30 December 2024 could continue providing services until 1 July 2026, or until they were granted or refused authorisation, whichever came first.
ESMA has urged…
