Europe just set a hard deadline. No extensions.
On July 1, MiCA's grace period ends across the EU. Any exchange serving EU clients without a license is breaking the law, facing fines up to €5 million or 5% of turnover.
Estimates suggest 41% of crypto app downloads in Europe over the past year went to exchanges not on the approved register.
Millions of users, platforms that may have to pull out. One month to go.
@AmariachiBand2@Onyx Just to add, I’m using an apple phone, the Base app worked fine until now when staking onyx. Now it will not connect to the staking app? Any ideas