ESMA Tells Unauthorized Crypto Firms to Wind Down as MiCA Deadline Hits in 3 Days
Key Takeaways European regulators require unauthorized crypto firms to halt new customer onboarding and prepare orderly market exits. Clients should confirm providers appear in the ESMA Register or transfer assets to authorized alternatives. Coordinated enforcement with national authorities could increase after MiCA’s transition period concludes. EU Regulator Orders Unapproved Crypto Firms to Halt New Clients…