EU Member State Revokes MiCA Authorisation of Crypto Exchange
The decision is among the first MiCA licence revocations since the framework took effect.
A European Union member state regulator on Tuesday revoked the MiCA authorisation of a small but well-known crypto exchange, citing repeated failures to demonstrate adequate own-funds and to remediate concerns raised in supervisory dialogues, according to a public notice. The decision is among the first MiCA licence revocations since the framework took effect.
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