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MiCA Transition Period Ends, Unlicensed Exchanges Exit EU Market
The MiCA transition period has ended; only licensed providers can now serve the European Economic Area. ESMA estimates 90% of unlicensed firms have been cleared out.
Multiple regulatory milestones hit the crypto market on the same day: the EU MiCA transition period ended, Taiwan passed a comprehensive crypto law, and Trump's financial disclosure revealed over $1 billion in crypto income. A coalition of 138 companies also launched a new stablecoin initiative.
The MiCA deadline removes unlicensed exchanges from the EU, Taiwan introduces licensing and reserve rules, and Trump's disclosure highlights the growing integration of crypto in US politics and finance.
MiCA has effectively cleared about 90% of unlicensed firms from the European market; Taiwan's law shifts oversight from AML-only to full operational standards.
World Liberty FinancialEarn, borrow, and grow across chainsEarn through supply, borrow with your collateral, and grow by using borrowed liquidity to expand your strategy
CoinbaseTrusted wrapped tokens backed by Coinbase reservesWrapped tokens backed 1:1 by assets held by Coinbase.
StripeOnline payment providerStripe is an online payment provider that provides solutions for institutional companies.
BlackRockInstitutional digital liquidity, powered by BlackRock.BlackRock is the world's largest asset manager and a major institutional entrant into digital assets. Its on-chain products include the BUIDL tokenized money-market fund and the iShares Bitcoin Trust (IBIT) spot ETF.
ESMAEU securities markets regulator.European Securities and Markets Authority. Drives EU-level crypto-policy implementation including MiCA.
The MiCA transition period has ended; only licensed providers can now serve the European Economic Area. ESMA estimates 90% of unlicensed firms have been cleared out.
Gate Europe secured a MiCA license, enabling it to continue serving EU clients after the deadline. BeInCrypto reports on the significance for the exchange.
Taiwan's Legislative Yuan passed the Virtual Asset Service Act on third reading, moving oversight beyond AML to full operational standards with licensing and reserve requirements.
President Donald Trump's financial disclosure reveals over $1B in crypto income, including $635M from TRUMP token royalties and $500M+ from World Liberty Financial token sales.
Coinbase, Visa, Stripe, BlackRock, and 136 other companies launched a new stablecoin, as reported by Laura Shin in Unchained Daily.