FalconX has received authorization under the European Union's Markets in Crypto-Assets Regulation from the Malta Financial Services Authority, allowing the institutional digital asset prime broker to expand its regulated services across the European Economic Area. The approval comes ahead of the July 1 expiry of the European Union's MiCA transition period. The deadline marks the end of the grandfathering regime that allowed existing crypto firms to continue operating while seeking authorization. Firms without a MiCA licence must either transfer clients to an authorized provider or wind down their activities. ... (full story)