Spanish regulator: No extensions or exemptions will be granted for the MiCA license transition period.
2026.06.26 20:21:33
Carlos San Basilio, chair of Spain’s National Securities Market Commission (CNMV), said crypto firms that fail to obtain EU MiCA licenses by the end of June will not be granted any extensions or exemptions by the regulator. Large platforms must exit the EU market in compliance with regulations. The regulator is in close communication with unauthorized firms, focusing on their exit plans and customer asset transfer arrangements to safeguard investor interests. He also warned that investors conducting new transactions on unlicensed platforms will no longer enjoy protection under the MiCA framework.
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