Cyprus Freezes Crypto Applications Ahead of EU MiCA Rules

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6 months ago bitnews

Cyprus Freezes Crypto Applications Ahead of EU MiCA Rules As the European Union prepares to implement the Markets in Crypto-Assets (MiCA) regulations on December 30, 2024, the Cyprus Securities and Exchange Commission (CySEC) has announced a freeze on new crypto asset service provider (CASP) applications. According to a report by Cointelegraph, CASPs that are already