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EU Crypto Fines Hit 12.5% of Revenue

EU Crypto Fines Hit 12.5% of Revenue

Published 2 weeks ago
Description

The EU just dropped a hammer on crypto firms: up to 12.5% of annual revenue fines for non-compliance under the new MiCA rules. With July 1st looming as the hard deadline for licensing, companies like Binance are already scaling back services in the EU as fallout hits. This isn’t just regulation—it’s a clear message that the EU is serious about becoming the global leader in digital finance oversight, leaving no room for grace periods.

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