Spain regulator rules out extension for non-MiCA compliant crypto companies

CoinTelegraph·

Spain regulator rules out extension for non-MiCA compliant crypto companies

60-second summary

Carlos San Basilio has ruled out any exceptions or extensions for non-MiCA compliant crypto companies, emphasizing the strict enforcement of the regulatory deadline. The MiCA regulation, set to take effect, requires crypto exchanges offering services to EU-based users to be licensed.

Carlos San Basilio said that “there will be no exceptions ​or extensions” to the MiCA deadline requiring crypto exchanges offering services to EU-based users to be licensed.