MiCA and 1 July 2026 – what's changing and what does it mean for you?

MiCA (Markets in Crypto-Assets Regulation) is the EU's harmonised regulatory framework for crypto-assets. The framework has been introduced gradually since 2024, but from 1 July 2026 it becomes fully applicable, as the transitional period comes to an end across the EU and EEA.

CASP stands for Crypto-Asset Service Provider. It is the designation given to companies that have obtained official MiCA authorisation and are therefore legally permitted to offer crypto services to European customers after 1 July.

Platforms that have not obtained MiCA authorisation by 1 July will no longer be legally permitted to provide services to customers within the EU/EEA. In practice, this means they will need to wind down customer relationships in Europe.

Firi is authorised as a CASP and operates in accordance with the MiCA framework. For you as a customer, nothing changes. You can continue buying, selling and storing crypto with Firi exactly as before.

From 1 July, Firi will no longer be able to transfer crypto assets to platforms that do not hold CASP status. This is a requirement under the regulatory framework. Transfers to MiCA-authorised platforms and self-hosted wallets remain unaffected.

Check whether the platform you use has obtained MiCA authorisation. If you store crypto assets with another provider, consider confirming whether they will remain authorised after 1 July.