French regulators say nearly 30% of crypto firms have not applied for MiCA authorization ahead of a key compliance deadline, putting many operations at legal risk. The disclosure raises fresh concerns about enforcement and service continuity for customers.
Luxembourg's preliminary e-money approval strengthens Ripple's EU expansion after its recent UK authorization, moving the company closer to passporting under the EU's MiCA rules. The step could expand on-ramps and institutional access for XRP-backed services across the bloc once final requirements are met.
VELO Protocol has filed a mandatory MiCA white paper to operate in European markets, signaling early compliance with the EU's new crypto framework. The disclosure positions VELO to expand services in Europe and may encourage similar filings by other projects.
Spain will implement the EU MiCA regulation and DAC8 tax reporting rules for crypto in 2026, tightening licensing and reporting for digital asset firms. The changes raise compliance obligations for exchanges, wallets and other service providers.
Poland's parliament approved a government-backed cryptocurrency bill on Dec. 19, 2025, intended to localize the EU's Markets in Crypto-Assets (MiCA) framework. The law passed amid an intense political showdown with both the president and the opposition.
KuCoin will use its newly granted MiCA license to power crypto payments and rewards at Tomorrowland festivals across Europe, creating a regulated on-ramp for fans. The deal aims to integrate compliant ticketing, in-venue payments and tokenized rewards under the EU framework.
Spain’s CNMV published a Q&A explaining how it will apply MiCA in practice, clarifying transition expectations for crypto firms. The guidance is intended to reduce uncertainty and help firms align compliance and authorization plans.
KuCoin EU has obtained a MiCA license from Austria’s Financial Market Authority, authorizing it to operate in 29 EEA countries. Malta is explicitly excluded from the authorization.
Blockrise has been granted a MiCA license in the Netherlands, enabling regulated Bitcoin custody and trading and paving the way for BTC-backed loans to EU businesses. The approval gives the firm a compliant onshore base to develop business lending products using Bitcoin as collateral.
Pi Network has filed under the EU’s MiCA framework to secure legal recognition for Pi Coin across the European Union. The application is a strategic step toward regulated market access and clearer compliance for PI.