ESMA orders unauthorized crypto firms to wind down EU operations before the July 1, 2026 MiCA deadline, with only 17-20% of providers fully licensed.

The European Securities and Markets Authority (ESMA) has directed unauthorized crypto asset service providers to stop accepting new EU clients and begin

European regulator ESMA called on unauthorized crypto-asset service providers to wind down their businesses in an orderly manner as the MiCA transitional period ends on July 1.