EU Crypto Firms Face Full MiCA Licensing as Transition Period Ends
By
NewsBTC Editorial Team
Summary
The European Union's MiCA (Markets in Crypto-Assets) regulatory framework is moving from transition to full enforcement. ESMA has reminded crypto-asset service providers that the transition period is ending, meaning exchanges, custodians, stablecoin businesses, and trading platforms operating in Europe must now meet full licensing requirements or risk losing market access. Compliant firms may benefit from a clearer path to operate across the EU bloc.
Source
Key quotes
· 2 pulledESMA has reminded crypto-asset service providers that the MiCA transition period is ending, putting firms under the full licensing regime after months of preparation.
Firms that cannot meet the licensing requirements risk losing access, while compliant players may get a clearer path to operate across the bloc.
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