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EU Sets July 1 Wind-Down Deadline for Unauthorized Crypto Firms, but Rules Cover Only Spot Trading

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2026-07-01 14:03:38
EU regulators have set a July 1 deadline for unauthorized crypto asset service providers to wind down operations, though the enforcement applies only to spot trading.

According to NS3.AI, the scope of the crackdown does not extend to derivatives activity, even as a large share of market activity occurs outside spot markets.

Glassnode data cited in the report indicates that roughly 80% of crypto trading volume takes place in perpetual futures markets.
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