2025-12-05 05:23:28

Italy is making new moves again. Their financial regulatory authority, Consob, recently issued a notice specifically reminding platforms that provide virtual asset services—a crucial deadline is approaching at the end of this year.

What’s going on? The transition period for the European "Markets in Crypto-Assets Regulation" (MiCAR) will officially end on December 30, 2025. In other words, if you’re still operating VASP business in Italy but haven’t submitted your CASP authorization application by now, things might get tough for you.

This is actually quite important. In recent years, Europe has been tightening regulations on the crypto industry, and MiCAR is a major move toward unified standards. Once the transition period ends, platforms without a license will basically be unable to continue compliant operations. So, it’s best to prepare the necessary materials as soon as possible.

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StakeWhisperer

· 11h ago

Italy is urging again, we need to hurry up and submit the documents.

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RebaseVictim

· 11h ago

Here we go again, Italy is about to restrict people once more. MiCAR is really getting stricter and stricter. Wait, the platforms that haven't applied yet must be feeling desperate, the year-end deadline is almost here. European regulations just keep coming one after another, and compliance costs are going up again. Honestly, a lot of small exchanges should have run away long ago, haha. If any experts know the specific process for preparing the materials, could you share? I really can't figure out Consob's system. It's all the same playbook anyway—MiCAR this year, a new regulation next year.

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MEVHunter_9000

· 11h ago

Here we go again. There’s really one regulatory bomb after another in Europe. Platforms without licenses are probably going to have to work overtime.

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RatioHunter

· 11h ago

Italy is no exception this time, with waves of regulation coming one after another... With the MiCAR deadline approaching, platforms that haven't applied yet really should be worried. It's another "final deadline" of the year. To put it nicely, it's a reminder; to put it bluntly, you need to get moving. You can't afford to procrastinate on licensing—Europe made up its mind long ago. If you wait until after the deadline to panic, it'll be too late. As long as there's still a chance, submit your documents as soon as possible. The regulators mean business this time; it's not like before when there was more flexibility. To be honest, this isn't very friendly to small platforms—the big ones have been ready for a while.

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TokenomicsShaman

· 11h ago

The MiCAR deadline is approaching, Italian platforms should get moving now. --- This wave of European regulation is really getting tougher and tougher, compliance costs are getting higher and higher. --- December 30th? Is there still time? Feels like a lot of small platforms haven’t even realized what’s happening. --- If you don’t have a license, you have to go offline. That’s the reality, everyone. --- This notification from Consob is basically the final ultimatum. If you need to apply, just apply. --- Another transitional period trap—Europe always plays this game. --- Italian VASPs must be panicking. It’s too late to wake up now. --- When it comes to compliance licenses, the difference between early and late applications is right here. --- Wait, what about domestic platforms? Shouldn’t we also pay attention to what’s happening in Europe? --- Once MiCAR tightens up, exchanges either go overseas or delist. There’s no third option.

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