EU crypto rulebook faces enforcement challenge as MiCA transition ends
CoinTelegraph·
60-second summary
EU regulators face a challenge in enforcing the MiCA rulebook as the transition deadline ends, prompting unauthorized crypto companies to wind down operations. Industry executives and lawyers anticipate a nuanced approach, with regulators likely to prioritize cooperation over strict enforcement, given the sheer number of affected companies, estimated to be over 1,000.
Lawyers and industry executives expect EU regulators to enforce MiCA differently as unauthorized crypto companies are required to wind down operations.