Italy Mandates Crypto License Applications by December 30, 2025
- Cryptocurrency service providers in Italy must apply for a license by December 30, 2025.
- A transition period will be available until June 30, 2026, allowing companies to operate while awaiting licensing decisions.
- Firms that do not apply for a license must cease operations and return assets to clients.
- Previously registered entities with the OAM must now obtain a CASP (Crypto Asset Service Provider) license under new regulations.
- Major exchanges like Gemini, Kraken, and Coinbase have already secured MiCAR licenses in various jurisdictions.
These licensing requirements are part of the implementation of the Markets in Crypto-Assets Regulation (MiCAR) across Europe, aimed at enhancing consumer protection and market integrity.
With the deadline set for December 30, companies must act quickly to ensure compliance or face operational shutdowns. (Source)
