MiCA CASP Transitional Period Ends
MiCA · TradFi · July 1, 2026
EU MiCA grandfathering ends — crypto firms without a CASP license must stop serving EU clients.
The transitional (grandfathering) period under MiCA Article 143 expires July 1, 2026. After this date any crypto-asset service provider operating without full MiCA/CASP authorization is in breach of EU law and must cease serving EU clients — no extension, no intermediate pending status. As of mid-2026 only ~210 of 1,200+ previously-registered firms (~17%) had obtained authorization; 10 EEA states had zero. USDT remains non-compliant and has been delisted from major EU exchanges (USDC/EURC compliant).