EU Sets July 1 Deadline for Unlicensed Crypto Firms to Exit
The European Securities and Markets Authority has issued a final enforcement deadline requiring all unlicensed cryptocurrency service providers to cease EU operations by July 1, 2026, marking the first major regulatory crackdown under Europe’s Markets in Crypto-Assets regulation. The order, issued June 23, affects an estimated 900 to 1,000 firms currently operating without proper licensing…