Regulation · What changed
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When a consultation becomes a final rule, the detail moves. We keep each version and mark what was added and what was taken out, so you read the change, not the whole document again.
EU · MiCA
MiCA: crypto service providers' transition
Comparing MiCA as adopted (Jun 2023) with Position after transition (1 Jul 2026) · 2 added · 2 removed
- Crypto-asset service providers need authorisation in one member state.
- Removed: Existing firms may keep operating under national rules until 1 July 2026 at the latest.
- Removed: Member states may shorten the transition.
- Added: The transition has ended: firms without MiCA authorisation must stop serving EU clients.
- Authorisation can be passported across the EU.
- Added: ESMA keeps a public register of authorised firms and white papers.
What this means in practice
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