Quantcast

FIN-FSA announces full application of MiCA regulation

EU Markets Watchdog Steps Closer to Finalizing Rules Under MiCA
Patrick Hansen Clarifies EU Regulation Misinformation: No Ban on Self-Hosted Wallets – News Bytes Bitcoin News
JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction
Europe's Crypto Embrace Slowed, Watchdog Faces Resource Crunch
Greens’ push to end German cryptocurrency tax exemption sparks debate
French Energy Giant EDF Subsidiary Becomes Chiliz Blockchain Validator
N26 Launches New Cryptocurrency Trading Product, N26 Crypto
French Energy Giant EDF Subsidiary Becomes Validator on Chiliz Chain – Blockchain Adoption Rising?
Rise in crypto fund launches predicted as digital gains “acceptance”
EU threatens US hegemony of stablecoins and $140 billion market
Giggle Academy: Changpeng Zhao (CZ) presents his new entrepreneurial project
Crypto: France becomes one of the leaders in adoption!
Mintos Expands Its Reach And Officially Debuts In France And The Netherlands
Millionero wins Best Start Up Exchange Award at Crypto Expo Europe 2024, Romania
Galaxy Digital to launch new ETPs in Europe
Binance Launches Internal Investigation Following Reports of BOME Insider Trading
The bull run is just beginning according to Binance CEO
Binance offers $5M reward for insider trading tip-offs
Tether's USDT Gets Delisted on Crypto Exchange OKX for EU Users
Crypto.com's CEO believes bitcoin price in December 2020 phase of cycle
AI is worsening a €16bn tsunami of fake goods. The EU wants blockchain to help
EU publishes draft rules for stablecoin issuer complaint procedures
Steven Cohen's Point72 Ventures backs European crypto exchange D2X in $10m funding
France's Request Finance acquires crypto accounting fintech Consola Finance - FinTech Futures: Fintech news
OpenAI swoops up French and Spanish news partners for AI chatbot training
Javier García de la Torre: "2024 will be a year of cautious optimism in the crypto sector"
ECB Executive pens November 2025 rollout for digital Euro CBDC
Cryptocurrencies: The Eu Will Crack Down More Severely On Sanctions Violations
EU scraps proposed $1K payment limit for self-custody crypto wallets
EU Parliament Passes Sanctions Law Including Crypto, Aiming To Seal Loopholes Across 27 States
FIN-FSA announces full application of MiCA regulation
Web3/Crypto
Webp kurenmaa
Tero Kurenmaa, director general of FIN-FSA | Ministry of the Interior

Finland’s Financial Supervisory Authority (FIN-FSA) has announced its review of topical supervisory themes, including the full application of the European Union Regulation on Markets in Crypto-Assets (MiCA), which regulates crypto-asset services. This announcement was made in a press release on April 3, 2025.

According to FIN-FSA, the EU Regulation on MiCA became fully applicable on December 30, 2024. It requires crypto-asset service providers to comply with financial market requirements such as management competence, own funds, data transparency, and information security. Companies already operating in the market have been granted transitional periods that vary across Europe. Finland's six-month transitional period is one of the shortest, with many countries having periods ranging from 12 to 18 months. Finland currently has 13 registered virtual currency providers. To continue operations after June 30, these providers must obtain authorization under MiCA. The FIN-FSA is processing authorization applications from eight companies.

"This means that consumers purchasing crypto-assets or crypto-asset services from outside Finland should be careful," said FIN-FSA Director General Tero Kurenmaa. He emphasized that "the level of regulatory requirements will vary significantly between countries during the transitional period." Kurenmaa also noted that "it is important for consumers to note that MiCA does not provide protection for services purchased outside the EU and EEA."

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

The European Union states that Markets in Crypto-Assets (MiCA) establishes uniform rules for crypto-asset issuers and service providers not covered by existing EU laws. It aims to ensure transparency, consumer protection, and market stability with specific obligations for different types of crypto-assets, including e-money and asset-referenced tokens. The regulation includes provisions on governance, disclosure, and preventing market abuse, with oversight by EU authorities like the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA).

FIN-FSA supervises Finland's financial and insurance sectors, including banks, insurance companies, pension firms, investment firms, and the Helsinki Stock Exchange. It is funded by the entities it supervises, with additional funding provided by the Bank of Finland. Operating independently within the Bank of Finland and based in Helsinki with approximately 230 employees, its responsibilities include ensuring financial market stability, protecting insured individuals' rights, and promoting compliance with financial market practices.

Organizations Included in this History
More News

Charlie Bilello, chief market strategist of Creative Planning, said that gold and bitcoin lead all major asset classes in performance for 2025, marking a unique occurrence.

Jul 18, 2025

Binance has announced an update to the collateral ratios for several assets under its Cross Margin platform, set to occur between July 25 and August 1.

Jul 18, 2025

Vitalik Buterin, co-founder of Ethereum, said that building layer-2 networks to leverage Ethereum’s core features delivers security and efficiency unachievable by earlier enterprise blockchains.

Jul 18, 2025

Changpeng "CZ" Zhao, founder of Binance, said that the New York Stock Exchange (NYSE) should not be equated with the entire U.S. economy.

Jul 18, 2025

Marina Markezic, co-founder of the European Crypto Initiative, said that increased regulatory attention on Maximal Extractable Value (MEV) necessitates counter-measures to protect users and maintain market integrity while ensuring blockchain...

Jul 16, 2025

Changpeng Zhao, founder of Binance, has said that a Bloomberg article contained multiple factual errors and suggested that legal action for defamation could be considered again.

Jul 16, 2025