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The Polylog Crypto Intelligence Brief

Morning Edition · Sunday, June 28, 2026

Europe's MiCA Regime Takes Full Effect July 1, Reshaping Who Can Operate

As the transition period ends, licensed exchanges are paying users to switch while unlicensed platforms face exclusion from the bloc.

Europe's MiCA Regime Takes Full Effect July 1, Reshaping Who Can Operate

The European Union's Markets in Crypto-Assets regulation (MiCA) reaches full effect on July 1, when the transitional period for firms operating under older national registrations expires. Platforms without a Crypto-Asset Service Provider li…

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Regulatory Perimeter for Crypto Hardens in EU and US

Over 3-6 months, enforcement deadlines and rulemaking debates narrow who can operate, with MiCA culling unlicensed EU firms and US regulators weighing durable rules over fragile exemptions.