Europe’s unlicensed crypto firms face ‘wipeout’ as MiCA deadline hits
2026-06-29 10:04:15
European regulator ESMA urged unauthorized crypto-asset service providers to wind down their businesses in an orderly manner as the MiCA transitional period ends on July 1. The warning raises the risk of a “wipeout” for unlicensed crypto firms operating in Europe, according to CoinDesk, as regulators push for compliance with the bloc’s new crypto rules.
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