Spanish regulatory authority approves Venga's MiCA authorization
2026-07-01 17:53
Odaily Planet Daily News: The Spanish National Securities Market Commission has authorized the cryptocurrency platform Venga to operate under the EU's Markets in Crypto-Assets Regulation (MiCA), making it one of the few entities in Spain to receive MiCA approval.
The MiCA transitional deadline took effect on July 1. Digital asset companies that previously operated under national rules must now obtain formal approval under the new framework or cease providing regulated services in the EU. This authorization allows Venga to offer services across the 27-member EU market under a single regulatory framework.
Venga co-founder and CEO Michael Stroev stated that the MiCA review covers ownership structure, corporate governance, management suitability, risk frameworks, and product infrastructure. The EU previously had over 3,000 crypto companies registered as local virtual asset service providers, but currently approximately 240 companies have received full MiCA authorization, with fewer than 15 approved companies in Spain.
The MiCA transitional deadline took effect on July 1. Digital asset companies that previously operated under national rules must now obtain formal approval under the new framework or cease providing regulated services in the EU. This authorization allows Venga to offer services across the 27-member EU market under a single regulatory framework.
Venga co-founder and CEO Michael Stroev stated that the MiCA review covers ownership structure, corporate governance, management suitability, risk frameworks, and product infrastructure. The EU previously had over 3,000 crypto companies registered as local virtual asset service providers, but currently approximately 240 companies have received full MiCA authorization, with fewer than 15 approved companies in Spain.
추천 기사
