Crypto companies operating in the European Economic Area (EEA) face a July 1, 2026 enforcement deadline under the Markets in Crypto-Assets Regulation (MiCA). From that date, platforms offering crypto services without MiCA authorization must stop serving clients across the bloc.
European regulators have treated the deadline as final, with no extension or temporary status allowed. Kraken Institutional explained that 'July 1, 2026 is the hard enforcement deadline across the European Economic Area,' adding that 'any entity providing crypto-asset services to EU clients without a MiCA license is in breach of EU law and must stop.'
More than 1,200 previously registered firms are facing service suspensions or exits as only a small number have secured full approval. Licensing progress has not been uniform across the European Union, with some member states already granting CASP approvals while others have yet to issue any licenses.