Belgian regulator flags six unauthorized crypto providers after MiCA deadline

Belgium’s FSMA warned consumers about six crypto-asset service providers it added to a fraudulent CASP list days after the EU’s MiCA transitional period expired.

Belgium’s financial markets regulator warned consumers against six crypto-asset service providers (CASPs) it said were operating in the country without authorization, days after the European Union’s Markets in Crypto-Assets (MiCA) licensing deadline took effect. 

On Monday, the Financial Services and Markets Authority (FSMA) identified several CASPs active in Belgium without authorization under MiCA regulation. FSMA named Aurum Foundation, Bank Bit, Bithf Pro, Dxago, Global Dynamic Trade and ZeriaFunding. The regulator said it had added these entities to its list of fraudulent CASPs. 

The warning indicates that national regulators are beginning to apply the MiCA licensing perimeter following the EU’s transitional period, which ended on July 1. 

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