Italian Companies and Exchange Commission: Crypto Asset Service Providers Must Obtain MiCAR Authorization by December 30 or Face Shutdown

By: theblockbeats.news|2025/12/05 14:16:00

BlockBeats News, December 5th: The Italian Securities Market Supervisory Authority (Consob) issued a notice reminding that, according to the EU's Cryptocurrency Market Regulation (MiCAR), current Virtual Asset Service Providers (VASPs) registered with the Italian Ordinary Authority of the Markets (OAM) must submit an application by December 30, 2025, to transition to a regulated Crypto Asset Service Provider (CASP) in order to continue operations. Otherwise, starting from that date, they will not be allowed to provide related services, at the latest by June 30, 2026.

Consob specifically reminds investors to: confirm if their current collaborating VASP plans to apply for a CASP license; check if the service provider is listed in the ESMA (European Securities and Markets Authority) or OAM register; if the service provider is not authorized, investors have the right to request the return of their assets. Consob also urges VASPs once again: those who have not applied for CASP authorization must cease operations by December 30, close all contracts, return user funds, disclose future operating plans to users, or exit arrangements. This announcement is in line with MiCAR's comprehensive implementation in the EU to ensure a smooth and orderly market transition.

-- Price

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.

On the eve of the explosion of on-chain options

Options are becoming a new anchor in the cryptocurrency market.

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?

A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

A skilled person never picks the table, they eat meat with every bite.

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

Stablecoins are transitioning from a speculative tool to real financial scenarios such as payments, cross-border transfers, and store of value.

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

When the same unit can both measure hashing power and facilitate payments, it ceases to be just a term and begins to evolve into a new currency of both value and influence.