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Italy warns crypto firms to meet year-end MiCA deadline or shut down
Italy's financial watchdog has issued a reminder to crypto operators and investors ahead of a key regulatory deadline, urging close attention to the Dec. 30 cutoff for compliance with the EU's Markets in Crypto-Assets Regulation (MiCA) framework. Under MiCA's transitional rules, Italy's currently registered virtual asset service providers (VASPs) may continue operating only until Dec. 30, 2025, unless they file an application to become licensed crypto-asset service providers (CASPs) in Italy or another EU member state, according to a Thursday statement released by Consob, the country's financial market regulator. ... (full story)
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