🚀 Big news from the EU! The European Union is gearing up to transition from national laws to the unified Markets in Crypto-Assets (MiCA) regulations by Dec. 30. Cyprus is already setting the stage, with the Cyprus Securities and Exchange Commission (CySEC) freezing new crypto asset service provider (CASP) applications.
📅 Key Dates:
- Oct. 17: No more CASP applications under Cypriote laws.
- Dec. 30: MiCA regulations take over.
- July 1, 2026: Transition period ends.
CySEC advises everyone to keep an eye on the Draft Technical Standards by ESMA.
What do you think about this shift? Drop your thoughts in the comments! 💬