MiCA regulation implementation and crypto market transition
The developments in this story so far, most recent first.
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· date approximate Development
Scammers impersonate EU regulators to target crypto users
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· date approximate Background
ESMA updated its list of licensed crypto companies.
As of the end of July, the European Securities and Markets Authority (ESMA) updated its list of licensed crypto companies, revealing that only 323 firms had obtained licenses under the Markets in Crypto-Assets (MiCA) Regulation.
The MiCA Regulation replaced various national regimes with a single authorization that is valid across all 27 EU member states. Companies that failed to secure authorization by the July 1 deadline were required to wind down or restrict their services to EU clients.
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· date approximate Background
The deadline for firms to obtain authorization under the MiCA Regulation.
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