Spain's MiCA Transition Period Not Extended; Crypto Platforms Without CASP Licenses Must Exit from July

Odaily Planet Daily News The Spanish Securities Market Commission (CNMV) has clearly stated that it will not extend the EU MiCA regulatory transition period. Crypto platforms that have not obtained a CASP license must cease related operations after July 1, 2026. The regulator requires these platforms to only conduct asset transfers and account closures, and to properly handle the migration of client funds.

The CNMV emphasized that it will strictly enforce this rule and align with the EU regulatory framework. After the new regulations take effect, only licensed institutions will be able to provide crypto services such as trading and custody within the EU.