Italy Sets Final Deadline of December 2025 for Crypto Firms to Comply With MiCA
Italy’s financial regulator CONSOB has drawn a hard line for crypto firms: apply for MiCA authorization by December 30, 2025, or exit the market. The ruling affects all VIRTUAL asset service providers (VASPs) currently operating under Italy’s transitional regime.
Firms that submit applications by the deadline may continue operating until approval or June 30, 2026. Those refusing compliance must return client assets and cease operations immediately. CONSOB urges investors to verify their provider’s MiCA status—a move signaling Europe’s tightening crypto oversight.
The deadline coincides with the expiration of Italy’s temporary registration system with Organismo Agenti e Mediatori (OAM). Post-2025, only MiCA-authorized firms or those passporting services from other EU states will retain market access.