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Launch
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Alpha Points
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🚨 ESMA Draws the Line on Crypto Compliance:
🇪🇺 Unlicensed crypto firms must exit the EU by July 1 as MiCA’s transition period ends.
• New customers banned
• Marketing must stop
• Firms required to wind down operations
• Customer funds and withdrawals must be protected
ESMA warns that platforms operating without a MiCA licence after the deadline will lose EU legal protections, urging investors to verify providers before depositing funds.