Spain's CNMV rules out MiCA deadline extensions as Binance and unlicensed crypto firms face July 1 exit
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Promote with Leviathan NewsSpain's CNMV says there will be no exceptions or extensions to the EU's end-of-June MiCA deadline, so unlicensed crypto firms must stop normal operations from July 1 and wind down in an orderly way. Binance is among the firms caught by the clock, with the regulator pushing affected platforms to transfer positions or return customer assets. Spain expects roughly 20 authorized crypto providers after 14 approvals and six advanced applications, making the message blunt: MiCA's grace period is over, even for the biggest exchange.
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