Submissions are due by August 31 as the European Commission reviews MiCA (European Union crypto-asset regulation), with only 194 CASPs (crypto-asset service providers) currently authorized.
The European Commission has opened a consultation on its review of MiCA (European Union crypto-asset regulation), inviting submissions through August 31. The update comes as the regulation’s full transitional period is set to end on July 1, 2026. The source states that only 194 CASPs (crypto-asset service providers) are currently authorized. The consultation matters because MiCA is the European Union’s core framework for supervising crypto firms, and the end of the transition period will push more market participants to operate under full authorization requirements.