EU Crypto Regulation Update
🇪🇺 MiCA Update
More than 1,700 unlicensed crypto platforms were required to stop serving EU users after MiCA fully took effect on July 1.
Only 323 firms held valid MiCA authorization at that time.
EU regulators have warned users about fake migration notices impersonating regulators or licensed exchanges.
⚠️ Users should verify a platform’s MiCA authorization through official regulatory registers before transferring assets.
#MiCA #Crypto #Binance #EU #CryptoRegulation
🇪🇺 MiCA Update
More than 1,700 unlicensed crypto platforms were required to stop serving EU users after MiCA fully took effect on July 1.
Only 323 firms held valid MiCA authorization at that time.
EU regulators have warned users about fake migration notices impersonating regulators or licensed exchanges.
⚠️ Users should verify a platform’s MiCA authorization through official regulatory registers before transferring assets.
#MiCA #Crypto #Binance #EU #CryptoRegulation