Spain’s securities market regulator, the National Securities Market Commission (CNMV), said it will not extend the European Union’s MiCA regulatory transition period and that crypto platforms without a Crypto-Asset Service Provider (CASP) license must stop related business after July 1, 2026.
According to Odaily, the CNMV said affected platforms will only be allowed to carry out asset transfers and account closures, and must properly handle the migration of client funds.
The CNMV said it will strictly enforce the rule and keep it aligned with the EU regulatory framework. Under the rules, only licensed institutions will be able to provide crypto services in the EU, including trading and custody.
Spain’s CNMV Says MiCA Transition Will Not Be Extended, Unlicensed Crypto Platforms Must Stop After July 1, 2026
2026-06-28 00:14:05
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
世界杯 | 苏格兰主帅克拉克辞职
