TechFlow News, June 3: According to a Cointelegraph report, the transitional period for the EU’s Markets in Crypto-Assets Regulation (MiCA) will end on July 1, 2026. The European Securities and Markets Authority (ESMA) stated that, as of that date, crypto-asset service providers not yet authorized under MiCA—even if their applications remain under regulatory review—must cease offering services to EU customers and initiate business wind-down and customer migration arrangements.
France’s financial regulator, the Autorité des Marchés Financiers (AMF), warned that providing such services without authorization may constitute a criminal offense; Germany requires relevant entities to complete authorization no later than June 30. The report notes that a significant proportion of European users continue to use platforms not yet authorized under MiCA, and applications from firms including Bitget and Binance remain under regulatory review.
