Italy: Non-compliant VASPs face shutdown by end of year ⏰
Consob has urged all VASPs to secure CASP approval or shut down by December 30, 2025. This comes as the deadline for transitioning to new MiCAR policies approaches. 💥
Operators who fail to follow this transition risk a ban. Only fully licensed CASPs will be permitted to serve the EU under MiCAR. 🔒
VASPs must apply for CASP certification by December 30 or face an exit from Italy’s marketplace. ⏲️
Investors should confirm their provider’s plans and regulatory status before then. 🧐
Stay alert, check your service provider’s compliance, and act accordingly. ✅