Socios Europe Services Limited Secures MiCA License for Crypto Asset Services
- Socios Europe Services Limited is the first sports-focused platform authorized under the Markets in Crypto-Assets (MiCA) regulation across all 27 EU countries.
- The Malta Financial Services Authority (MFSA) has licensed Socios as a Crypto-Asset Service Provider, enabling regulated crypto services for over 400 million European fans.
- The license includes custody, administration, exchange of crypto assets for funds, and transfer services on behalf of clients.
- Chiliz published a MiCA-compliant white paper for its CHZ token and will register individual Fan Token white papers with ESMA through MFSA.
- Fan engagement features like polls and loyalty programs remain outside MiCA’s scope.
Socios Europe Services Limited’s authorization under the MiCA regulation allows it to provide regulated crypto-asset services across the EU, enhancing transparency and compliance in the sports sector.
Source (3.2)https://cryptobriefing.com/chiliz-mica-milestone-chz/?rand=59535