Spain's regulator confirmed no extensions or exceptions for crypto companies to meet the MiCA deadline. All crypto exchanges serving EU users must be licensed by the set date.
Spain's financial regulator, the CNMV, has stated there will be no extensions for crypto companies to meet the new MiCA rules. This means businesses offering crypto services to users in the European Union must get licensed by the deadline. MiCA, or Markets in Crypto-Assets, is a significant new regulation designed to create a clear legal framework for digital assets across the EU. Carlos San Basilio, a key figure, confirmed this strict stance, emphasizing that all firms must comply without exceptions. This move ensures investor protection and market stability in the growing crypto space.
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