The transitional period for crypto-asset service providers (CASPs) under the Markets in Crypto-Assets Regulation (MiCA) ends on 1 July 2026. From that date, any CASP operating in the EU must be authorised under MiCA unless an exemption or exclusion applies.Ahead of this deadline, the European Securities and Markets Authority (ESMA) has set out how firms that have not secured authorisation are expected to exit the market.
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