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EU Crypto Crackdown Hits Six Unlicensed Firms | Bitcoin and Crypto News
Description
Belgium’s financial watchdog just slapped six unlicensed crypto firms with a scam warning—right after EU’s strict MiCA rules went live. Companies like Aurum Foundation and ZeriaFunding are now officially banned, as regulators shut down the gray area. With MiCA’s July 1 deadline, crypto players must be licensed or vanish—no more free passes. The FSMA urges caution: crypto’s risky, cash-outs are tough, and there’s no safety net. Europe’s cracking down—Germany’s already approving compliant firms. If you’re in crypto, verify licenses. The wild west is officially over.
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