Bitbase's latest suspension of operations has made MICA compliance costs finally visible; 30 stores and 200 ATMs shut down overnight. With the EU's regulatory crackdown, small players are having a tough time.

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CoinNetwork
CoinWorld news, according to Criptonoticias, Spanish exchange Bitbase announced on June 30, 2026, the suspension of its operations in Spain, pending the final decision on its license application submitted under the EU's MiCA regulation. Bitbase has over 30 physical stores and 200 cryptocurrency ATMs in Spain. The company stated that this suspension is temporary and expects favorable progress in the near future. The MiCA regulation will be fully implemented on July 1, 2026, requiring all crypto asset service providers (CASPs) to obtain a license to operate within the EU.
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