Italy Filed 95% of the EU's Register of Unlicensed Crypto Firms

Italy's market regulator filed 179 of the 188 entries on the EU's register of unlicensed crypto firms, an FM Intelligence analysis published today (Wednesday) shows. Authorities in four other countries supplied the remaining nine. The European Securities and Markets Authority ( ESMA ) keeps the list under the Markets in Crypto-Assets Regulation (MiCA). The law's transition period ended on July 1 for providers without a license . It is the only EU-wide public record of firms that national supervisors say serve clients without authorization, and it is mostly a record of one supervisor's work.