Last-minute MiCA approvals mark end of EU transition period
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A final wave of MiCA approvals expanded Europe's roster of licensed crypto firms as the transitional period came to a close.
A slew of last-minute licenses were issued to cryptocurrency companies in Europe as Wednesday marked the end of the transitional period under the Markets in Crypto-Assets Regulation (MiCA).
Four companies were authorized in Italy this week, including asset management platform Hodlie, crypto exchange Young Platform, trading platform CryptoSmart and crypto service provider Hercle, bringing Italy's total to eight authorized crypto asset service providers (CASPs), according to a Tuesday announcement from the Bank of Italy. The central bank said the country's financial regulator, Consob, approved the licenses in coordination with it.
The French financial markets regulator, Autorité des marchés financiers (AMF), also added three new companies on Tuesday, including crypto investment platform Mereau Finance, blockchain infrastructure provider Iceblock and crypto service provider Aplo, bringing the total number of licensed CASPs to 31.
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