The European Securities and Markets Authority (ESMA) stated that the EU MiCA transition period will end on July 1, and crypto asset service providers that are not authorized under MiCA are not allowed to continue serving EU clients, even if their applications are still under review. The French Financial Markets Authority (AMF) said that unlicensed services constitute a criminal offense; the German Federal Financial Supervisory Authority (BaFin) requires relevant service providers to obtain authorization before June 30. (Cointelegraph)

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GateUser-44dde53b
· 4h ago
July 1st deadline, unlicensed CEXs will cut off EU users, the reshuffling begins.
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IOnlyTrustOn-ChainData.
· 4h ago
Even under review, it's not acceptable; in other words, queuing is useless, and you must have the proper certification to work.
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PerpMoodSwing
· 4h ago
After this wave of compliance storms passes, only a few giants will remain in the EU market, with concentration soaring.
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BluePeonyInTheDark
· 5h ago
Countdown to MiCA transition period, compliance thresholds directly eliminate a batch of players.
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BerryColdWallet
· 5h ago
MiCA has finally been implemented in practice, officially ushering in the era of banking in the crypto industry.
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