Tuesday, 02 January 2024 12:17 GMT

As Mica License Deadline Looms, Most EU Crypto Firms Haven't Complied


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(MENAFN- Investor Brand Network) A major shift is about to reshape Europe's crypto sector as the transition period under the Markets in Crypto-Assets (MiCA) regulation ends on July 1. The deadline marks the conclusion of an 18-month grace period that allowed firms previously operating under national registration systems to obtain authorization under the EU's new regulatory framework.

Analysts will be watching how the coming into force of the MiCA framework impacts the operations of giants in the crypto industry like Coinbase Global Inc. (NASDAQ: COIN)...

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